Contrary to the conclusions of drill crazy oil lovers, investing in renewable energy will not halt the economy, but actually help it to grow. And what a novel idea this is with seemingly infinite wins: support the environment, end our dependency on depleting oil reserves, create new jobs, generate revenue, join other world leaders in the race for renewable energy, and maybe, just maybe, win back some positive American sentiment. On top of that, imagine no longer having to double over in pain after paying at the pump.
Before we continue further, let’s be aware of the term ‘renewable sources of energy,’ which means energy that comes from sources that can be continuously recovered and reused over a long period of time without depleting natural resources. The most important aspect of renewable energy sources is that they don’t release carbon-based warming and polluting agents into the atmosphere. They even save on health care related costs.
Already we’ve seen that in Ohio and Michigan, clean energy investments have helped turn solar, wind-components, and lithium-iron battery manufacturing into the fastest growing industrial sectors in those states. Data from the Ohio Department of Development show that wind and solar companies have employed over 7,500 and 1,500 people, respectively. The department approved $1.3 million in financing for the Energizing Careers Program, which will be used to train more than 700 employees in the advanced energy manufacturing sector.
It seems California is looking to follow suit. According to the Los Angeles Times, “Democratic leaders are hoping to fast-track a series of bills that they say will spur job creation and ensure California’s role as a leader in renewable energy. The legislative package, unveiled at a morning news conference Wednesday in the Capitol, includes a bill that would require the state’s electric utilities to get a third of their power from wind, solar and other renewable sources by 2020.”
This can all be a reality if we work toward it and dispel the myths created by big oil and its supporters about economic risks in investing in clean energy, and ‘disputable’ scientific data about carbon emissions and global warming. The only losers in this deal are big oil, themselves. You know, the folks who are responsible for massive oil spills and, arguably, involve us in war to scramble for finite resources, but continue to profit more than anyone else. Already big oil is crying over the implications, calling President Obama’s proposals to curtail tax subsidies for oil and gas drilling “discriminatory.” At the moment Obama stands strong on his position, reminding Congress that “They’re [big oil] doing just fine on their own. So instead of subsidizing yesterday’s energy, let’s invest in tomorrow’s.”
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