We finally have a visionary in office, but he is getting sidetracked by different lobbyist groups and typical bureaucratic system inefficiencies. Obama's plan for energy independence is exactly what I've been hoping for, but he needs to keep the momentum moving. According to the website whitehouse.gov, Obama plans on reducing carbon emissions by 80% by 2050. Why can't we start this year? Creating a new market immediately would allow for new investment opportunities. It will give Americans hope that 2009 will not end in economic decline.
His administration wants to wait until 2010 to establish this new cap trading platform, which is highly disappointing. The US government needs to act fast, and the time is now. Countries in other parts of the world are already years ahead of our renewable energy development, and we are lagging in this global race to reduce carbon emissions.
And how can he promise that the creation of this new market is absolute in 2010? I want to see some mandates in place.
Thursday, March 12, 2009
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