Word: obamas
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...political alliances were shifting. When he ran for President, Obama proposed a 10-year, $150 billion green-jobs plan at a campaign stop in New Hampshire; when the economic-stimulus plan was adopted in 2009, he pushed through billions of dollars for green jobs and alternative-energy strategies that included almost $20 billion for energy efficiency, $26 billion for renewable and alternative energies and $10.5 billion for electrical-grid modernization. The investments went a long way toward fulfilling the lobbying efforts of several core Democratic constituencies - unions, environmentalists and high-tech companies - which had been mounting more aggressive campaigns...
Inside the new Obama White House, the President's team included green-energy boosters in the policy skull sessions, and regular meetings with outside advisers and nearly weekly public events were held to promote green energy as a way to create jobs. Some of the heaviest hitters were on the President's Economic Recovery Advisory Board, a committee of corporate leaders and economists whom Obama brought inside the White House to advise on everything from regulatory reform to global warming. Formed during the transition, it included top fundraisers such as Hyatt family scion Penny Pritzker, Obama's Silicon Valley ally...
...member PERAB, which meets by conference call most Fridays, is best known for its leader, former Federal Reserve Chairman Paul Volcker, who has persuaded Obama to take a more aggressive approach to banking regulation. But it also includes several executives whose firms stand to benefit from more federal funding of green technology - people like General Electric's Jeffrey Immelt and Caterpillar's James Owens, both of whom supported John McCain. Doerr took the lead on the group's energy subcommittee, drafting a 2009 memo that called for increasing fees on carbon pollution and changing rules to encourage electric utilities...
...such companies as Google, Compaq and Amazon.com He later helped fund TechNet, the valley's first major Washington lobbying effort, and became close friends with then Vice President Al Gore, who has since become a partner at Kleiner Perkins. Doerr's enthusiasm and vision have been welcomed by the Obama team, just as they were by the Clinton Administration. In a recent interview, Obama mentioned Doerr as one of the corporate leaders he most admires. Doerr was also one of a handful of American executives invited to Obama's first state dinner, with India's Prime Minister in November, along...
Doerr, meanwhile, has continued to provide financial support to Democrats. On Dec. 21, just weeks after President Obama publicly embraced Home Star, Doerr and his wife Ann each wrote a $15,200 check to the Democratic Senatorial Campaign Committee...