In testimony Thursday before Congress, Sec. Chu detailed the $150 billion budgeted for clean energy R&D and called for additional funds for deployment of the technology.
This will create thousands of new jobs and probably entire new industries too. Many of the jobs will be in rural areas where the wind and solar is, and will probably bring back towns that were in danger of dying.
Breakthrough Institute
Now, however, we have one of the most progressive energy scientists in the world stating it loud and clear: we need transformational technology breakthroughs, and we’re going to do what it takes to achieve them. We applaud Secretary Chu on his bold statements, and we look forward to supporting the fight for a $150 billion investment in clean energy R&D.
This is a much needed investment. We need to move away from dependence on foreign fossil fuels, which are also damaging to our environment, and towards clean green and sustainable energy.