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Sunday, January 18, 2009

So What's Obama's Plan for Green???

So with Obama soon to take the oath of office, what are his administrations plans for helping boost the "Green Economy".  Well apparently 54 Billion of the proposed 825 Billion Dollar Economic Stimulus Package would be set aside for renewable energy production, improving our electrical efficiency, and upgrading the U.S. power grid.  20 Billion of the 54 Billion would come in the form of tax credits for the Renewable Energy Industry.  
But will this infusion of incentives and government money be too little too late?  Many solar and even some in the wind turbine industry have already seen some decline since the economic tsunami hit Wall Street and the world.  This interesting article from Time Magazine explores all the realities and hopes of the current situation.  It's a good read, I highly recommend it.

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