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Obama: Economic Recovery and Clean Energy

Check out the President’s Weekly Address: A Solar Recovery.  As part of the explosion of Recovery Act projects this summer and as a move towards a clean energy future, the President announces nearly $2 billion in conditional commitments to key solar companies.

Isn’t the basic solar energy technology similar to what is was when I attended “Sun Day” in 1978?   Hasn’t every other technology evolved geometrically since that time (e.g. 8-track tapes to IPods).   Why can’t the US take the lead on this and help the economy and the environment?