President Obama spent his weekly address talking about renewable energy and the jobs that come with that growing industry. American jobs for American workers, in an area that is vital to the future of the United States in so many different ways. The President is on the right track here, despite the naysayers. And for those who advocate for only utilizing the source of power that is the cheapest today that attitude will leave us in the grips of a dependence on foreign oil that endangers the national security interests of this country, now and especially in the future. As China leaps ahead of us in this field we are being positioned to convert to renewables, and then purchase all of the tools to do that from China. From the New York Times:
These efforts to dominate renewable energy technologies raise the prospect that the West may someday trade its dependence on oil from the Mideast for a reliance on solar panels, wind turbines and other gear manufactured in China.
“Most of the energy equipment will carry a brass plate, ‘Made in China,’ ” said K. K. Chan, the chief executive of Nature Elements Capital, a private equity fund in Beijing that focuses on renewable energy.
The President has this one right, and Republican pledges to halt critical American investment in this field has to be considered as maybe the most destructive policy plank in their playbook.
Read the New York Times story here.