Green Options » economic recovery

Is The Economic Recovery Plan ‘Green’ Enough?

Reenita Malhotra — Tue, 24 Feb 2009 12:43:56 +0000

The ‘green’ aspect of President Obama’s recovery plan has fallen short of expectations.

The $100 billion allocated to green measures representing just under 13% of the total package falls way short of the benchmark set in a recent report led by economist Nick Stern, that green measures should account for 20% of global economic recovery plans. It also fails to meet the UN target of 1% of GDP. This is especially shameful given that South Korea has devoted two-thirds of its $36bn recovery package to green investment. China too has allocated one-third of its $580bn recovery plan to green measures such as energy efficiency. (Source: The Guardian)

The Time for Denial Is Over: Obama Chooses His Green Team

Reenita Malhotra — Fri, 12 Dec 2008 00:17:49 +0000

President-elect Obama met with Al Gore and Vice President-elect Joseph Bidenenergy and climate policy — and how addressing those issues can drive the nation’s economic recovery, at the Transition’s Chicago headquarters earlier this wee to discuss

“The time for denial is over, ” President-elect Obama said. “This is a matter of urgency and national security…[but] it is not only a problem, it is also an opportunity. We have the opportunity now to create jobs all across this country in all 50 states to re-power America, to redesign how we use energy and think about how we are increasing efficiency to make our economy stronger, make us more safe, reduce our dependence on foreign oil and make us competitive for decades to come — even as we save the planet.”

Clean Energy is part of Obama’s 2.5 Million Jobs Creation Plan Over The Next Two Years

Reenita Malhotra — Mon, 24 Nov 2008 07:55:47 +0000

President-elect Barack Obama has announced a bold initiative to save or create 2.5 million jobs in the next two years.

He will direct his economic team to formulate a two-year Economic Recovery Plan that will put millions of Americans to work rebuilding crumbling roads and bridges, modernizing our schools, and securing our clean energy future. Watch this video for complete details.

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