Aug 27, 2015 President Barack Obama recently expanded his push for greater renewable energy adoption while announcing fresh financial incentives for new research projects and homeowners using renewable energy.
This was made know at the National Clean Energy Summit in Las Vegas where President made his argument against fossil fuel proponents who say renewable energy is too expensive.
“But while change this fast presents new opportunities, it is invariably going to create resistance from some fossil fuel interests who want to protect the old, out-dated status quo. And there are some legitimate issues around — how does a new distributed system work? Folks have sunk costs and how do we deal with those things? And those are important for us to address, but when you start seeing massive lobbying efforts backed by fossil fuel interests or conservative think tanks or the Koch brothers, pushing back for new laws to roll back renewable energy standards, or prevent new clean energy businesses from succeeding, that’s a problem. That’s not the American way, that’s not progress, that’s not innovation. That’s rent-seeking and trying to protect old ways of doing business and standing in the way of the future.”
According to sources, the plan laid out by president Obama is part of his broader plan for ameliorating the effects of climate change, which he refers to as the greatest threat facing the world.
“So we’re taking steps that allow more Americans to join this revolution with no money down. You don’t have to share my passion for fighting climate change. A lot of Americans are going solar and becoming more energy efficient not because of tree-huggers — although trees, you know, are important, just want you to know — but because they’re cost-cutters. They like saving money and I’m all for consumers saving money, because that means they can spend it on other stuff. Solar isn’t just for the green crowd anymore. It’s for the green eye-shade crowd too.”