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...over for the second best school in Cambridge, Mass. aside, Obama gave a fantastically crisp 15-minute speech on the importance of clean energy. He also called out the fools who don't believe in clean energy and the "folks" who have been lobbying against the energy and climate bill. And then he left. Off to something important like Deval Patrick's fundraiser. Too bad his motorcade wasn't actually displaced to the top of Building 10 so we could have him around longer...
...about it. In the middle of the Civil War, President Lincoln designated a system of land grant colleges, including MIT, which helped open the doors of higher education to millions of people. A year -- a full year before the end of World War II, President Roosevelt signed the GI Bill which helped unleash a wave of strong and broadly shared economic growth. And after the Soviet launch of Sputnik, the first artificial satellite to orbit the Earth, the United States went about winning the Space Race by investing in science and technology, leading not only to small steps...
...even as we're investing in technologies that exist today, we're also investing in the science that will produce the technologies of tomorrow. The Recovery Act provides the largest single boost in scientific research in history. Let me repeat that: The Recovery Act, the stimulus bill represents the largest single boost in scientific research in history. (Applause.) An increase -- that's an increase in funding that's already making a difference right here on this campus. And my budget also makes the research and experimentation tax credit permanent -- a tax credit that spurs innovation and jobs, adding...
...already passed historic legislation, due in large part to the efforts of Massachusetts' own Ed Markey, he deserves a big round of applause. (Applause.) We're now seeing prominent Republicans like Senator Lindsey Graham joining forces with long-time leaders John Kerry on this issue, to swiftly pass a bill through the Senate as well. In fact, the Energy Committee, thanks to the work of its Chair, Senator Jeff Bingaman, has already passed key provisions of comprehensive legislation...
...grade school in Deer Lodge, Mont., recently converted to burning sawmill wastes, allowing its heating-gas bill to immediately drop from $6,600 a month to $1,100. Townsend, Mont., schools converted their boilers from propane and oil to wood pellets. The new system is expected to pay for itself in fuel savings, plus selling CO2 emission offsets through the Climate Trust. Meanwhile, Vermont's Middlebury College is completing a central thermal biomass system that will provide heating and cooling, saving $2 million a year on fuel-oil bills, plus generating one-fifth of campus electrical-power needs. Middlebury...