Obama announces $2 billion for solar energy development

As the Gulf oil leak has reminded us, throwing more money at Big Oil and the status quo is not what we need. Washington Post:President Barack Obama announced Saturday the awarding of nearly $2 billion for new solar plants that he said will create thousands of jobs and increase the country's use of renewable energy sources.

Obama disclosed the funding in his weekly radio and online address, saying it is part of his plan to bring new industries to the U.S.