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ANOTHER OBAMA SOLAR WONDER BITES THE DUST TAKING WITH IT BILLIONS OF TAX PAYERS DOLLARS. I BELIEVE THIS ONE MAKES SIX

An aide to Obama said Friday that the administration plans to add 20 gigawatts (GW) or more of wind power and 4 GW of geothermal and solar power by 2012 through loan guarantees and fast tracked national renewable energy requirements, like the Renewable Portfolio Standard. Last May the U.S. Energy Department estimated wind power could provide almost a quarter of U.S. electricity. Trade groups from the U.S. wind and solar industries were happy with the news, considering that the current economic environment for commercial credit has lowered all boats as it were, with all investment now endangered - not just investment in risky financial instruments, but even those investments in renewable energy that are essential to growing a stable economy. 4 votesBuzz up! No other country, in any single year, has added the volume of wind capacity that was added to the US electrical grid in 2007 with both wind and solar growing well over 40%, but with the credit crunch affecting all sectors of the economy, new projects could drop by as much as 50%, without help from the Federal government.

In February, President Obama called for a doubling of the US renewable energy capacity within three years. Yesterday, Obama visited a wind energy company in Newton, Iowa and again emphasized the importance of new forms of power generation: "Now, the choice we face is not between saving our environment and saving our economy. The choice we face is between prosperity and decline. We can remain the world's leading importer of oil, or we can become the world's leading exporter of clean energy." vote nowBuzz up! With billions in stimulus dollars heading toward improving the electricity grid and building sustainable energy infrastructure, emission-free power may be coming to your neighborhood sooner than you think. Here are five of the biggest, most ambitious projects that are in the pipeline, both in the US and elsewhere.

$300 million infusion reflects Obama Administration's broad, aggressive research and development strategy WASHINGTON D.C. --- U.S. Energy Secretary Steven Chu today announced more than $300 million worth of investments that will boost a range of clean energy technologies - including carbon capture from coal, solar power, and high efficiency cars and trucks. The move reflects the Obama Administration's commitment to a broad based strategy that will create millions of jobs while transforming the way we use and produce energy. "There's enormous potential for new jobs and reduced carbon pollution just by implementing existing technologies like energy efficiency and wind energy, but we also need to develop transformative new solutions," said Secretary Chu. "As a scientist, I remain optimistic that these breakthroughs are within our reach, and investments like these are an important part of achieving them." Today's actions include:

ARE YOU RAEDY FOR YOUR ELECTRICTY RATES TO DOUBLE? ARE YOU READY FOR $8.00 A GAL GAS?

Food for fuel and Half of the worlds population is starving!