Green Revolution

This is fantastic, I am excited to see the results of Obama administration's efforts to be more green and environmentally friendly and at the same time create jobs to boost the economy.

These are extracts from his press conference yesterday in Indiana. (Source : The White House)

Q : With respect to the stimulus bill, are there provisions in there that address green job issues, improvement of environmental issues, and those type of matters?

THE PRESIDENT: Absolutely. It's a great question, and let me describe for you just some of the things that we have in there. Under this plan, we would double the production of alternative energy -- double it from where it is right now. So that's point number one.

Point number two -- point number two, there is money allocated in this plan to develop the new battery technologies that will allow not just cars but potentially RVs as well to be -- to move into the next generation of plug-in hybrids that get much better gas mileage, that will wean ourselves off dependence on Middle Eastern oil, and will improve our environment and lessen the potential effects of greenhouse gases and climate change.

We also have put in money that provide for the weatherization of millions of homes across the country. Now, this is an example of where you get a multiplier effect. If you allocate money to weatherize homes, the homeowner gets the benefit of lower energy bills. You right away put people back to work, many of whom in the construction industry and in the housing industry are out of work right now -- they are immediately put to work doing something. You can train young people as apprentices to start getting training at -- in home construction through weatherization. And you start reducing energy costs for the nation as a whole. So there are billions of dollars in this plan allocated for moving us towards a new energy future.

Now, I'll be honest with you, some of the critics of the plan have said that's pork. I don't understand their criticism. Their basic argument is, well, that's -- you're trying to make policy instead of just doing short-term stimulus. Well, my whole attitude is, if we're going to spend billions of dollars that creates jobs anyway, then why wouldn't we want to create jobs in things like clean energy that create a better economic future for us over the long term? That's just -- that's common sense to me. That's common sense to me.