Is The government handing out nearly $2 billion for new solar plants to create jobs Bad?

Obama awards $2B for solar power, hails new jobs

Obama hands out $2 billion for new solar plants, says money will help create thousands of jobs

The government is handing out nearly $2 billion for new solar plants that President Barack Obama says will create thousands of jobs and increase the use of renewable energy sources.

Obama announced the initiative in his weekly radio and online address Saturday, saying the money is part of his plan to bring new industries to the U.S.

“We're going to keep competing aggressively to make sure the jobs and industries of the future are taking root right here in America,” Obama said.

The Obama administration says those projects will create more than 2,000 construction jobs and 1,500 permanent jobs.

Obama said that while it may take years to bring back all the jobs lost during the recession, the economy is moving in a positive direction.

The unemployment rate dropped to 9.5 percent.

Obama has said that to bring the nation's economy back from the brink of a depression, it was necessary to add to the country's debt in the short term.

Everyone is talking about CUT SPENDING. But Is this SPENDING bad?


Ok so 3 more posts today that I’ve dug up – I’m an information JUNKIE on this stuff lately. Give em a browse and let me know what ya reckon. They’re just from a few different sites I’ve been surfing lately that are generally good for information like this…

Photovoltaic Industry(1) | Sustainable Technology

Combined with the strong foundation of Taiwan's semiconductor industry and all the advantages, it is believed that the solar cell industry in Taiwan will advance greatly and shine brightly in the international market. Share and Enjoy: …

Sunlight simulating lamp technology spins out from dye solar cell firm

To develop the plasma light technology for solar cell applications Meyer worked with Mirko Croci, a physicist. Five years of R&D focused on the technology, at the Laboratory of Applied Physics and Emerging Technologies at HEIG-VD, …

Solar Power energy Environmental issues? | Solar Hot Water

Finally, once the solar cell fails hopefully many years down the road, what do we do with it? How does all that silicon and support structure and wiring get disposed of (yes, there are companies out there that do this, including SolarWorld … Right now, with our current technology level solar power can not supply our civilisation with its electricity needs no matter how much we are willing to spend to do so (and it can't even if it were combined with wind, geothermal and …

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