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Obama Pumps $2 Billion Into Solar Efforts

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Posted on Jul 3, 2010
Flickr / langalex

Solar arrays like this one can also help wean the country off that nasty black stuff that is laying waste to the Gulf of Mexico.

President Obama announced the award of nearly $2 billion in economic stimulus funds for new solar plants, saying it will create thousands of jobs and boost the use of renewable energy. The announcement came just a day after a gloomy June employment report. —JCL

Associated Press:

President Barack Obama announced Saturday the awarding of nearly $2 billion for new solar plants that he said will create thousands of jobs and increase the country’s use of renewable energy sources.

Obama disclosed the funding in his weekly radio and online address, saying it is part of his plan to bring new industries to the U.S.

“We’re going to keep competing aggressively to make sure the jobs and industries of the future are taking root right here in America,” Obama said.

The two companies that will receive the funds from the president’s $862 billion economic stimulus are Abengoa Solar, which will build one of the world’s largest solar plants in Arizona, creating 1,600 construction jobs; and Abound Solar Manufacturing, which is building plants in Colorado and Indiana. The Obama administration says those projects will create more than 2,000 construction jobs and 1,500 permanent jobs.

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By nemesis2010, July 5, 2010 at 2:44 pm Link to this comment

What a waste of $2 billion that the country does not have.

As for solar power being “green”—green my butt! The sun does not radiate 5kv ac! Solar requires huge amounts of space and equipment to convert that energy into useful power. It also has to be transmitted via high power lines and towers to a power grid where it can be supplied to customers. Then there are all the NIMBY battles that have to take place.

It would be much better and greener to provide direct subsidies, or subsidies in the form of huge tax breaks, for home and business owners installing systems on their homes and buildings as a supplementary system that would help reduce demand and eliminate the need for hundred of miles of transmission lines and towers. The subsidies have to be of substantial size to make an investment in a home/business solar system a financially viable alternative; and solar systems are anything but cheap! 

What many, if not most, fail to realize is that due to the unreliability of both solar and wind energy, power companies still have to maintain capacity to meet demand. So how do alternative energy sources reduce carbon based energy use when the utilities have to maintain the same capacity to assure the availability of power when needed and demanded?

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By PatrickHenry, July 4, 2010 at 7:35 am Link to this comment

Its domestic, It will hire Americans and provide for much needed jobs with a positive ending.

I hope very little is siphoned off to CEO’s, shareholders and overhead.

Too bad it was only 2 billion.

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By Shift, July 4, 2010 at 1:09 am Link to this comment

Again, the President missed the importance of decentralization.  Instead of building large centralized array’s to generate electricity, why not provide two billion in small grants to individual homeowners to install solar units on their homes.  We have poor national electric infrastructure for delivery of solar energy.  Units on each home would lessen the demand on that infrastructure.  Solar units on homes would compensate individuals not corporations.  Decentralized solar on homes eliminates a major target for terrorists.  It would also decentralize job creation.  Centralizing solar is a prescription for high energy prices.  Once again Obama supports the corporatist model.  Obama is NOT a man of the people.

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By Roger Lafontaine, July 3, 2010 at 3:12 pm Link to this comment
(Unregistered commenter)

At last - we have finally gotten to ‘too little too late’ after decades of ‘nothing at all’. Destruction spreads on all sides - in the Gulf oil spill, mountaintop removal mining, deforestation, military adventures/destructions, you know the rest, though really, there is no end to it. Faulkner called the civil war ‘the fever which cured the disease’. But the disease was simply slavery and it was localized in one small region. This time the fevers are springing up everywhere, and the disease which is killing us- what really is it? Even in Louisiana the people are pining for their oil jobs even as the oil is rising around them, destroying the very foundations of life itself. And now Obama hands us a straw to clutch at - $2 BL for solar!

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By berniem, July 3, 2010 at 1:32 pm Link to this comment

Think how much more could be invested if we took back all those subsidies to Big Oil, King Coal, and the nuke racket? Not to mention cashing out of those oh so necessary wars!

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By sm, July 3, 2010 at 1:07 pm Link to this comment
(Unregistered commenter)

something is better than nothing.

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By gerard, July 3, 2010 at 9:12 am Link to this comment

Don’t knock it.  If the horrendous Gulf disaster serves to get us off oil and onto other new non-polluting energy sources, go for it! 

And one more thing:  $2 billion is peanuts compared to the cost of killing people in Afghanistan.

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By Gmonst, July 3, 2010 at 8:58 am Link to this comment

Two Billion?  Its better than nothing I suppose, but I read the other day that the nuclear industry is getting at least 54 billion.  That’s quite a discrepancy, makes me wonder what could happen if we were to instead spend all the oil, coal, and nuclear subsidies on solar and wind.  It seems like we should just go for massive amounts of solar now, end the wars and start working toward the realistic solutions toward lowering our carbon emissions that won’t lead to another problem like nuclear waste or even worse an accident at a nuclear plant.

Certainly solar would loose less money over the long term when compared with nuclear.  I wish we could mobilize ourselves as efficiently to save our own polluted planet as we do to protect ourselves militarily.  Imagine how much solar capacity a trillion dollars could have purchased.  Its really a shame that we just can’t pull up our boot straps, stand up fearless in the world without trying to bomb ourselves to a feeling of security, and face up to the very real threat our own ways are creating for the environment.  Its time to for us to wake up.

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By Alejandro, July 3, 2010 at 8:00 am Link to this comment
(Unregistered commenter)

Great news; next bring back the manufacturing of american auto parts to the US. followed by computer software, Etc…

Next, make it so that American Corporations can-not ship jobs overseas without paying a very high price in the form of a tax, their investors be damed. They aren’t Americans anyway. Their love and loyalties are to Mammon, Period..

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By Jim Yell, July 3, 2010 at 4:33 am Link to this comment
(Unregistered commenter)

It doesn’t necessarily matter if the motive is tainted, if the solution is the right one. We must not only move away from petroleum, but also from nuclear which is not a Green Technology and is much more dirty when measured in the amount of time it pollutes. Neither one can be the answer to anything but death.

Along with actual Green Energy production, we must also use more efficient energy use and decrease or eliminate un-necessary convenience devices, like electric car windows. The old hand crank, may not be as convenient, but it is safer, uses our own biological produced energy and you won’t get trapped in the car when you drive off in a lake, because the windows won’t open.

Night time illumination, could be used differenly. The bright lights only on for special occasions, all other lights low energy and soft. Street lights, might be less bright with a control to brighten when the light is actually needed for safety or accident removal. We don’t need to shine into space and the night sky is much prettier than neon glare.

We waste energy in many thoughtless ways. Maybe we should start rethinking how we have structured the present.

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