Today I read on Next Big Future about Obama’s recently announced clean energy goals. The key is his commitment to “catalyze private sector efforts to build a ‘clean energy future'” with 15 billion a year of federalm money. While this is nice, sure, it’s certainly a lot less than I expected. For an annual budget of almost 3 trillion a year, this breaks down to about a half of one percent of the total. We spend almost 20 times that amount on the interest on the national debt alone. Forgive me if I don’t take this as a sign of Obama’s seriousness to renewable energy. We should be spending that much on fusion research alone (if not more), no matter solar, wind, geothermal, and other long shot renewables.
It’s early, of course, and he’s not even president yet. There may be a whole lot of inventive and smart things coming other than this to spur the “green energy revolution”. This, though, certainly isn’t it.