Obama’s advisors have recently stated that tax dollars should not be spent on alternative energy projects because there are other areas in which the money would be better allocated. There was a discussion on constructing more wind and solar farms across the country; however, his advisors believe there would be a better time to do this in the future (Power). Understandably, the leaders of our country see the need to improve areas damaged by the recent recession and even though it may be beneficial to use renewable resources, it isn’t a priority compared to other crumbling industries. However, there is still anger held towards this decision because the Obama administration has previously promised to commit to advancing the production and use of renewable energy (Power).
Caithness Energy LLC and General Electric Co. are the two companies who intend to sponsor the project of developing the wind and solar farms. They both agreed that even if the government refuses to provide funding, they will still carry on with the project because they believe it is crucial to continue to develop this industry (Power). The government does wish to eventually subsidize projects similar to this because they believe our country could benefit from wind investment (Power). Obama’s administration has reasonable answers to this issue; however, they will have to hold true to their promise of eventually providing funds to receive popularity and confidence from their supporters.
http://online.wsj.com/article/SB10001424052748703506904575592843603174132.html?mod=WSJ_Energy_leftHeadlines
-Ashley Luddy
This is interesting because I wrote about the initial proposal of Obama to withdraw the financial support for the renewable energy projects, but it never said what he wanted to put the tax dollars towards. I think in the time of the recession the people's money should go to the most pressing issues
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