Why buying cheap energy certificates worsens climate change 1 Posted 1 hour, 41 minutes ago
Soil carbon—a blind spot in the debate on carbon 0 Posted 56 minutes ago
On ‘climategate’ 23 Posted 1 day, 11 hours ago
Notable quotable
"If I am president, I will invest $15 billion a year in renewable sources of energy to create five million new, green jobs over the next decade -- jobs that pay well and can't be outsourced; jobs building solar panels and wind turbines and fuel-efficient cars; jobs that will help us end our dependence on oil from Middle East dictators."
-- Sen. Barack Obama, speaking before a record-breaking crowd of over 100,000 in Denver, Colo., on 26 Oct. 2008
David Roberts is staff writer for Grist. You can follow his Twitter feed at twitter.com/drgrist.
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Why buying cheap energy certificates worsens climate change
Chuck Norris on Copenhagen
Comments
View as Flat
wesrolley Posted 4:28 am
27 Oct 2008
Wes Rolley
CoChair - EcoAction Committee
Green Party US
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Delay And Deny Posted 9:31 am
27 Oct 2008
He says he'll spend $15 billion to create 5 million jobs over the decade.
$15,000,000,000
_____ = $3000 total per job
5,000,000
Over 10 years? $300 per job.
I guess Obama's math is as bad as his politics...
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Zephaniah Posted 10:11 am
27 Oct 2008
Job creation does not mean the federal government just pays salaries; it is done with tax credits, research and training grants, loans and various financial incentives encouraging private industry to provide jobs. The US government has been creating jobs in the fossil fuel industry for decades.
To save the world from terminal warming, now we need subsidies to encourage solar, wind, geothermal, wave, or algae power instead, a shift of funding. If we count the billions spent to establish bases in oil producing foreign countries, and the fact that with solar and wind power there is no fuel cost, the switch to clean energy will actually save us money.
The cost of doing nothing, the damages to our economy and our resources from continued use of fossil fuels, has doubled in the last two years. We need Obama's energy plan to start yesterday!!
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amazingdrx Posted 12:32 pm
27 Oct 2008
15 billion per year is not much, but it may be enough.
The oil industry subsidy alone amounts to 18 billion per year. Bonuses for wall street execs are triple that every year, including this one. With the record trillion dollar bailout.
Those jobs stimulate the economy and compound the original investment throughout the economy, generating taxes that pay the original 15 billion per year right back fairly quickly.
Divert the oil industry subsidy to get the 15 billion and no money will need to be borrowed from China to get this green job wave rolling.
Obama will come up with the plan, but we the people better lobby our legislators to pass it. We have to speak together, even a collective whisper would surpass the shouting of industry lobbyists. We have the numbers.
http://amazngdrx.blogharbor.com/blog John Schneider, Northern Wisconsin
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