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impik Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 06:54 AM
Original message
Obama announces $2 billion for solar power
WASHINGTON 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.


Obama said that while it may take years to bring back all the jobs lost during the recession, the economy is moving in a positive direction. He placed some of the blame for the slow pace of recovery on Republicans, saying GOP lawmakers, "are playing the same old Washington games and using their power to hold this relief hostage."



http://news.yahoo.com/s/ap/20100703/ap_on_bi_ge/us_obam...
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 07:17 AM
Response to Original message
1. Yes sir! It's the GOP!!! It's ALL THEIR FAULT!
Why is the economy in the shape it's in? THE REPUBLICANS!!!!

Why cant Congress get real reform passed? THE REPUBLICANS!!!!

Why are millions about to lose their unemployment insurance? THE REPUBLICANS!!!!

Why do you ONLY get stuck at EVERY red light when you're LATE to work? THE REPUBLICANS!!!

Who's responsible for all of the evils of the world? THE REPUBLICANS!!!!

Keep beating that drum Sir!!!!

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wuvuj Donating Member (874 posts) Send PM | Profile | Ignore Sat Jul-03-10 08:58 AM
Response to Reply #1
5. So...you've finally figured it out?
:kick: :kick: :kick: :kick: :kick: :kick:
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SocialistLez Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 07:50 AM
Response to Original message
2. I guess this is good.
Currently China is kicking our ass when it comes to manufacturing solar panels.
Let's just hope these jobs stay in the U.S.

We don't want another Whirpool incident: Company takes stimulus dollars and packs up to Mexico.
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marketbreakaway Donating Member (91 posts) Send PM | Profile | Ignore Sat Jul-03-10 08:57 AM
Response to Original message
3. Arizona and Colorado?
Did the president along with his staff just explain to us that
Arizona is evil and should be destroyed?  Why build solar
there???

And is Colorado the same place that has Reid down by 10
points against his Republican challenger?  

Joking aside I say seriously that this $2 billion is not seed
money, designed to sprout new industries, because solar is NOT
economical.  NUCLEAR is economical and would be the only
choice for electricity if the government would indemnify the
plants (or even if the governemnt built and owned the
plants).

Once again, I take very serious issue with the way Obama
spends.  I have very little doubt that this money is a lot
closer to cronyism (union jobs perhaps?) than any kind of
serious attempt to sprout new industry.

YES! Krugman is right and in times of recession and deflation
the government needs to step in with deficit spending to
stimulate the economy.  But NO! Keynes and Bernake (and
Obama) are wrong when they think that just dropping the money
out of a helicopter is the healthy thing to do.

PLEASE Democrats, get an economic plan.  Concentrate!  Think!
 Where do we want to be in 5 years?  What kind of government
invenstment could pay off for the next 50 years?  Think rails
in the 1880's.  Think highways in the 1950's.  Think aerospace
in the 1960's.  Think Internet in the 1980's.

IT IS NOT SOLAR PANELS!!!!  But it very well might be a new
electric distribution grid.  It might be a new education
system.  It might be new immigration laws (no, not more
uneducated migrant workers but millions of highly educated
Chinese and Indians).  Where is the plan Obama????

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Phx_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 11:47 AM
Response to Reply #3
10. Evil an should be destroyed? What the hell have you been smokin?
So you think Obama should ignore states that are politically unfavorable? That's nice. I guess he's only President of the states he likes.

Arizona is a perfect place for solar power. In case you hadn't heard, the sun shines about 365 days a year. And spending money on solar panels does not take the place of an economic plan, it does help with renewable energy and creates lots of jobs.

This place has become a cesspool.

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mzteris Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 07:40 PM
Response to Reply #10
20. besides, what better way to encourage
the people to vote for DEMOCRATS and get the riffraff out of office!

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JoeyT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 08:52 PM
Response to Reply #10
24. Freebasing Fox from the looks of it.
The stuff about "cronies" in "unions" is almost as obvious as waving a sign around. A misspelled sign.
I'm usually labeled a basher in GDP, but I certainly admit this is a positive step.

Of course what market up there is ignoring is that once a large investment is made in solar, it will likely become much cheaper as improvements are made on the manufacturing side. So even if it isn't economical *now*, which is certainly debatable, programs like this could very well improve it enough so that it becomes economical.
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Go2Peace Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 11:47 AM
Response to Reply #3
11. Actually solar panels *are* economically efficient
Germany has already proven you can seriously impact energy production by ramping up solar. Nuclear can indeed provide energy but it is *not* efficient, it is dirty, and like with deep well oil drilling, a SINGLE bad incident can cause catastrophic consequences.

But I agree, 2 Billion is not a "plan" or a serious action.
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 02:36 PM
Response to Reply #3
16. While I am not totally against nuclear there is the issue of where to put the waste. No one has come
up with a sufficient plan for that.
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johnaries Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 04:43 PM
Response to Reply #3
17. First of all, Reid is in Nevada not CO. And nuclear is NOT
economical. Uranium is expensive, it's dangerous and environmentally damaging to mine, and then you have to find to store the waste material. Unfortunately, though, it looks like we have few immediate alternatives and it has to serve as an interim energy source until we can fully to convert to renewable sources like solar. And Obama has provided funding for nuclear.

As for the distribution grid, yes, we will need a new one AFTER we have the solar panels and wind turbines to produce the energy.
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Gravel Democrat Donating Member (598 posts) Send PM | Profile | Ignore Sat Jul-03-10 05:43 PM
Response to Reply #3
19. The Government partially indemnified the plants in 1957
http://en.wikipedia.org/wiki/Price-Anderson_Nuclear_Ind...

The Price-Anderson Nuclear Industries Indemnity Act (commonly called the Price-Anderson Act) is a United States federal law, first passed in 1957 and since renewed several times, which governs liability-related issues for all non-military nuclear facilities constructed in the United States before 2026. The main purpose of the Act is to partially indemnify the nuclear industry against liability claims arising from nuclear incidents while still ensuring compensation coverage for the general public. The Act establishes a no fault insurance-type system in which the first $10 billion is industry-funded as described in the Act (any claims above the $10 billion would be covered by the federal government). At the time of the Act's passing, it was considered necessary as an incentive for the private production of nuclear power this was because investors were unwilling to accept the then-unquantified risks of nuclear energy without some limitation on their liability...

more at link

You need to tell Spain and Germany that Solar isn't economical right away.
http://www.pvresources.com/en/top50pv.php
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bergie321 Donating Member (797 posts) Send PM | Profile | Ignore Sun Jul-04-10 08:24 PM
Response to Reply #3
26. Nuclear is economical
Only if you don't take into account the unknowable cost of storing the resulting waste for 100,000 years.
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stevenleser Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-05-10 05:31 PM
Response to Reply #3
27. I think you are on the wrong website. Free Republic is that way -------------- -------------------->
Enjoy your stay.

IBTTS
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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 08:57 AM
Response to Original message
4. It's good that the manufacturing jobs will be in the US
But it should probably be noted that Abengoa is a Spanish company.
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lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 10:37 AM
Response to Reply #4
9. So? It has plants all over Europe and the world
And Abound is a US company. Both are already established and lucrative businesses ready to expand

Abengao in the US:

http://www.abengoasolar.com/corp/web/en/geographies/usa ...

(snip)
Experienced team

Abengoa Solar has a very active presence in the United States. Currently, Abengoa Solar employs over to 50 people in the U.S. in response to rapidly growing interest in solar power.

The company has attracted some of the most experienced and well-respected professionals in the solar industry, including former managers, engineers and financial personnel from the California solar electric generating plants, personnel from the National Renewable Energy Laboratory and engineers formerly with Industrial Solar Technology (now Abengoa Solar IST).
Electric Plants

Our US team develops the technology require for our solar plants and develops designs and operate them.

*************

Abound Solar is a US company already established

http://www.abound.com/Content.asp?cid=8

From our corporate and manufacturing headquarters in Colorado, Abound Solar (formerly known as AVA Solar) is producing the next generation of thin-film cadmium telluride solar modules ideally suited for large- and utility-scale commercial installations.

We believe we can transform the way energy is generated, and improve the health of our planet, while brightening the lives of people around the globe by ensuring a supply of clean, competitive, and renewable energy.

Abound Solar is committed to reducing the cost of solar electricity to levels competitive with fossil fuels. Our solar modules are manufactured using a proprietary semiconductor deposition process that enables lower cost, higher performance and greater production efficiency than comparable solar products.

We have longterm supply contracts in place with vendors and customers to support multiple gigawatts of production.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 09:26 AM
Response to Original message
6. excellent! We also have to beat Germany at exporting
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LawnKorn Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 09:29 AM
Response to Original message
7. I hope this is just the start of full funding for this endeavor
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Yuugal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 09:30 AM
Response to Original message
8. K&R
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Turborama Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 01:28 PM
Response to Original message
12. President Obama is actually investing in the largest Concentrating Solar Power Plant in the world!
Video of the announcement and more details, here: http://www.democraticunderground.com/discuss/duboard.ph...
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Hutzpa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 01:34 PM
Response to Original message
13. Kicking & Rec ing
for later.

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and-justice-for-all Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 02:29 PM
Response to Original message
14. You should read the comments at the link...
Repukes are truly dumb as tables.
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Politicalboi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 05:27 PM
Response to Reply #14
18. Yup
A whole lotta stupid going on. All us "leftist" have no clue compared to Bush's ilk. LOL!
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 02:35 PM
Response to Original message
15. One of the most important things we can do...the investment in alternative energies has been
pitifully small in the past. A very good start.
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 07:44 PM
Response to Original message
21. Excellent move. nt
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 07:57 PM
Response to Original message
22. Nice baby step but we need hundreds of billions to really get started.
Think of this like a war and then fund appropriately.

Imagine where we'd be with even half of what we've pissed down holes just in the past ten years.

We'd probably have fucking personal Mr Fusions' if we'd been on such a plan since Carter.

As usual the scope of the problem and the investment in the solution aren't even in the same part of the world, much less the same ballpark.

We're throwing another 30 billion and however many lives down the toilet just on a supplemental.

Let's not pretend renewable energy is a first magnitude priority.

It's good but it's pretty much lip service in context of the budget.
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Ikonoklast Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-03-10 08:27 PM
Response to Original message
23. Good. But it should be two HUNDRED billion.
We need a Manhattan Project with unlimited resources dedicated to energy.
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-04-10 08:16 PM
Response to Original message
25. On the path to the future is now!..
:bounce:
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RBInMaine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-05-10 05:34 PM
Response to Original message
28. Chaulk up another one for a damn good President !
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taught_me_patience Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-05-10 11:28 PM
Response to Original message
29. Only $1.3MM/job
Seems like an expensive way to create jobs.
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