Our Teeny-Tiny Green
Congress might be getting greener, but comparatively speaking, the United States comes up short in the race for green-technology. More from Rachel Barron of GreenTechMedia:
I don’t know about you, but I think this money is well spent. I only wish it was more.
Although it was far from his focal point, President Bush did touch on "clean energy" in his last State of the Union address Monday evening.No doubt, $2 billion dollars is a HUGE amount of money, but even still, the U.S. is hardly leading the green charge. Check out this graph from GreenTechMedia:
He called for the pioneering efforts of the cleantech industry to help the country curb its dependence on oil and in turn boost its energy security, pointing to technologies like nuclear power, batteries and renewable fuels…
…”Let us create a new international clean-technology fund, which will help developing nations like India and China make greater use of clean energy sources," he said.
It sound good, but from details on the White House's Web site, it amounts to $2 billion spread out over three years. That's not huge, considering the U.S. government has committed nearly $18 billion to the research, development and adoption of clean technologies during Bush's presidency, according to the same site.
I don’t know about you, but I think this money is well spent. I only wish it was more.
