Comments on: Obama commits $1.2. billion in energy R&D

President Obama on Monday cheers on green-tech businesses, announcing a big increase in energy-related research and a 10-year business tax credit for R&D spending.

[myles taylor]

This is a start. This is why I voted for him and I'm glad to see that it's going into effect.

[BogusBasin]

What will all the republicans be saying in a few years when our investments in alternative energies start paying real dividends? I can just see them taking credit for it all, or trying to outsource it all. Thank you Obama! Finally, a leader with vision and the guts to do something about it. Welcome back middle class!

[Tui Pohutukawa]

Marvellous. He spends more billions he doesn't have.

[pokiri]

yeah . I would rather buy oil and burn this planet. Down with these kind of new energy initiatives.

[fubar22]

I wonder if that is re-circulated print, or hot off the press print.....? Hmmmmmmmm?.....A conumdrum.

And Pokiri.....Sit down and have a drink. It sounds like you could use a few.

[Vegaman_Dan]

I know the old phrase is that you have to spend money to make money, but what happens when you don't have that money to spend in the first place?

Where is all this money coming from that Obama is freely spreading around like fertilizer in hopes that something will grow?

I just don't understand this need to plunge this country into a debt level unseen in human history. I would think the responsibility would be to get out of debt, not add on more. :/

[kenyee]

What actually helps most is high gas prices...there was more innovation last year than I've seen in a long while. That's also why Europe has adopted high efficiency diesel engines that aren't smoggy.

The deficits for the next 10 years are forecast to be 4x the deficits of the Bush era which I thought were ridiculously high already. Can you say hyperinflation and dollar devaluation? Of course, that only matters if you were responsible enough to save your money but apparently most people bought houses they couldn't afford instead ;-)

[sanenazok]

This all happened once already. Government spending (Obama now, "great society" in the 60s) followed by tremendous record-setting deficits (late 60's to 70's, and currently forecast) followed by 20 years of malaise and inflation. With all the national debt owed to the Chinese now, there won't be "hyperinflation" but the dollar will lose 1/2 to 2/3 of its value in the coming years.

[kristianna Thomas]

The commitment of monies towards research and development in energy is, I feel, a welcome sight. While the rest of the world is already creating massive solar farms and utilizing solar technologies, we are lagging far behind in implementation of such. I feel that Obama needs to set real goals and realistic time frames for completion of such energy projects that should go on line soon. But, the problem still remains that the average city is awash in energy waste, from houses and apartment complexes that have aged utility systems and are uninsulated. There are no incentive programs that would encourage home and apartment owners to retrofit in order to save energy, which includes solar energy and other such technologies. What good is creating more energy efficient windows if there are no one to buy them. Production and use have to go hand and hand in order for his program to work. If this does create 3.5 million jobs, what of the millions who have lost their jobs in the past ten years? It may not be enough, but at least it is a start. Energy wise for an energy green planet.

[sanenazok]

Oh look, the "we're lagging behind," best we do something. Where exactly is solar and wind a viable power source? Some island off the North sea with 100 people on it? Who are we lagging behind exactly? Europe where energy costs are 5-10x what they are here? No thanks.

[Tui Pohutukawa]

So, unless the governments commands us to be inventive, and gives us loads of cash as well, we're not capable of establishing a sustainable economy?

If that's true, we're toast.

[Vegaman_Dan]

ExWinUser wrote:

"****"

When you lead by example, your comments will have more merit.

[pokiri]

Pres. Obama, go ahead. Don't listen to the complaints from the fat cat oil bosses and their stooges ( who happened to invest multi-billions in oil )

[fubar22]

somebody has been watching too many campaign adds.
P.S.
Do you really think Obama is going to read this?

[Manhattan2]

The only Solar Energy Program the US should move forward on is the SolarTransfer.com program. Any other investment is just adding debt that will never be recouped. Solar Transfer seeks to capture the highest amount of solar energy for the lowest GHG cost. That is the only solution that will be competitive and that will truly work. Obama throwing money into ill advised programs and research is just an effort of futility. If you have the ear of the President or that of the Energy Secretary make sure they take the time to investigate a Solar Transfer.

[George_Marenco]

Impeach Obama already.

[fubar22]

And replace him with who?????
If you say McCain.....Your dumb. He's dead. Always has been. Just look at him.