In his weekly address on Saturday, January 24th, President Barack Obama promoted what he calls an American Recovery and Reinvestment Plan to immediately jumpstart job creation as well as long-term economic growth. According to Obama, the plan that will save or create three to four million jobs over the next few years. The President says [...]
Climate change is moving up the corporate agenda, and clean tech investment is reaching record levels – with $5.2 billion invested since January 2007, according to Ernst & Young. The firm says “climate change challenges are creating opportunities for next generation technologies as companies seek to respond to stakeholder expectations, current and anticipated regulation, and [...]
Facing new-home sales at a 50-year low, jobless claims at an unexpected 16-year high and signs of a deepening recession, President-elect Barack Obama delivered a rundown of his economic recovery plan, which includes creating 2.5 million jobs by January 2011. “We’ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that [...]
Although hiring plans in many industries have dwindled over the past year, executives in the energy sector remain optimistic. That’s according to the third quarter 2008 McKinsey Global Survey on the economic and hiring outlook. The survey reveals that 43% percent of the energy executives polled expects hiring levels to increase - by far the [...]
Despite the slowing economy, energy and environmental policy is poised for dramatic change under an Obama administration, according to CNET News. Renewable energy advocates and environmentalists anticipate a comprehensive national energy plan focused on fostering clean-energy technologies, states the report. CNET quotes Dan Farber, a Professor of Law at the University of California at Berkeley, [...]
Barack Obama has said he would like to spend $150 billion over the next 10 years developing alternative energy. In fact, Time quotes Robert Froelich, Chief Investment Strategist at Deutsche Bank as saying, “It’s pretty clear that he wants this to be his legacy.” The R&D money promised under Obama would support companies that are [...]
In the final weeks leading up to Election Day, Democratic Presidential contender, Barack Obama, said he could not “imagine anything more important to talk about” than Americans’ losing their jobs, healthcare and homes. Meanwhile, Republican Presidential hopeful, John McCain, has said sweeping reform in the way Washington works is needed to restore confidence in the [...]
It’s estimated that 4.2 million green jobs are expected to be added to the U.S. workforce over the next 30 years, accounting for 10% of new job growth, according to a recent report by Global Insight. California Governor, Arnold Schwarzenegger, is a vehement supporter of clean technologies. In fact, he says solar power and other [...]
The U.S. economy has sunk into a recession and government action is critical to stem the damage, according to economists in the latest Wall Street Journal forecasting survey. According to the WSJ report, “It is a challenging scenario for the next president, as the election moves into the home stretch. Either Sen. John McCain or [...]
It’s All About Jobs…
Energy and environmental issues were among the hot topics in the second presidential debate between Barack Obama and John McCain. Obama said repeatedly that energy would be a top priority in his administration. He also listed energy as one of his top three concerns. “We are going to have to deal with [...]
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