by liberal japonicus
I fell for the double threadjack and messed up the last thread, but since Obama's approach to energy independence seems to be of interest, I wanted to pass on this article on.
In preparing to write The New New Deal, Grunwald did extensive research on the Department of Energy's Stimulus-funded quest to uncover an energy alternative to fossil fuels. Recently, I talked to Grunwald about his new book and the "silent green revolution" that is currently underway at the Department of Energy.The New New Deal is a narrative about President Obama and his $800 billion stimulus bill, but it also has an argument. Can you quickly lay out the argument, and specifically how it relates to research and clean energy?Grunwald: Sure. The argument is that everything you think you know about the stimulus is wrong. It was not a pathetic failure. It helped prevent a second depression and end a brutal recession in the short term; it was a huge down payment on Obama's campaign promises to transform the U.S. economy for the long term. But clean energy was the real outlier, getting $90 billion when the U.S. had been spending just a few billion a year. There were unprecedented investments in wind, solar, and other renewables; energy efficiency in every imaginable form; a smarter grid; cleaner coal; advanced biofuels; electric vehicles; the factories to build all that green stuff in the U.S., and yes, clean energy research.
The url title of this article is amid-partisan-bickering-everyone-agrees-arpa-e-is-a-fascinating-experiment, so I trust that one of our happy band will work hard to prove that is wrong.