Friday, February 18, 2011

Obama 2012 budget: goodbye fossil fuel subsidies, hello clean energy funding

Obama wants to create jobs in the United States, and his administration strongly asserts that green jobs will follow the money. His logic makes sense from a small business and research perspective because without startup funds or sponsorships it’s difficult to gain traction on a new project. He’s far from gaining agreement in Congress though, with several Republicans openly disagreeing on his approach. They point to existing jobs in the oil and gas industries that are currently made possible by the existing subsidies.



Source: Tainted Green

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