Word: fossilize
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Dates: during 2000-2009
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...fact, this crisis is an ideal opportunity for Obama to start keeping his campaign promises: providing tax relief and health security for ordinary Americans, restoring our economic competitiveness and reducing our dependence on environmentally disastrous fossil fuels that increase the power of our enemies. It's hard to imagine when he'll have a better opportunity. Nothing in the historical record suggests that when Congress has more time to deliberate - and more time to confer with the special-interest lobbyists and local-interest political advisers who dominate the decision-making of its members - it will enact fair tax policies, sustainable...
...because in the long term, developers of renewables know they'll win. Climate change aside, the simple fact that energy demand will continue growing rapidly once the downturn has ended means that new supplies will be needed. And no one - including oil giants of the Middle East - believe that fossil fuels alone will meet that gap. "This is absolutely going to scale big," says Frank Mastiaux, the CEO of the E.ON, a major German energy company that is poised to more than triple its renewable business over the next five years...
...that $825 billion, Democrats said, $54 billion would go toward renewable power production, improving energy efficiency and upgrading the country's antiquated electrical grid; that includes $20 billion dedicated to tax credits to the alternative energy industry, like solar and wind, which often still needs subsidies to compete with fossil fuels. "It's an intensely Darwinian environment for small-scale solar," says Arno Harris, the CEO of Recurrent Energy, a San Francisco solar project developer. (See the top 10 green ideas...
...most important stimulus principle will be change. Obama campaigned for it and won a mandate to pursue it. If he can make sure every initiative promotes his top priorities - reducing our dependence on fossil fuels, investing in our future competitiveness and rebalancing our economic playing field in a way Joe the Plumber would call spreading the wealth - the stimulus can succeed even if it fails to stimulate...
...ideal focus of infrastructure spending would be green projects that help reduce our addiction to fossil fuels, but there's only so much of that ready to go. Nathaniel Keohane of the Environmental Defense Fund started ticking off his wish list in an interview: $1 billion for homeowners to install energy-efficient windows, $750 million for truckers to use fuel-efficient equipment, $600 million for smart boiler controls. "Still $998 billion to go," he said with a sigh. "Really, I spent time on this, and it's a reach to get to $100 billion." Obama and his team are starting...