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$467 Million For Geothermal And Solar Energy Projects

Sustainability is an ongoing movement that requires commitment from all — from politicians to regular citizens and everyone in between. In my ongoing quest of educating myself about news and events going on in the world of “green” I came across this release from the U.S. Department of Energy.

During the 2008 presidential campaign President Obama spoke of an amibitious energy plan and the first steps have been made to make the plan a reality.

President Obama announced that “…over $467 million from the American Reinvestment and Recovery Act to expand and accelerate the development, deployment, and use of geothermal and solar energy throughout the United States.”

The fact that this much money has been set aside in the name of creating a sustainable future for the United States is a huge step forward. President Obama went on to say that “We have a choice. We can remain the world’s leading importer of oil, or we can become the world’s leading exporter of clean energy.”

Recognizing that the path we’ve been on must be altered is just the beginning. By investing money to discover alternative energy sources, technology, etc., we have made the first step on this long journey.

The funds are going toward several types of green technology: $350 million is being set aside for geothermal energy, a source of renewable energy that uses heat from the Earth for electricity generation and heating applications.

An additional $117.6 million will go toward solar energy technologies. The goal of the various partnerships and developments is to continue to lead our country to a greener future.

It’s encouraging to know that although we are all facing difficult economic times right now, the government recognizes that making this investment is for the greater good of not only the U.S. but the world.

Source:
U.S. Department of Energy