George goes Green?
In last night's State of the Union address, US President George W Bush admitted and urged for action on America's "Addiction to Oil" describing the country's dependance on oil as a "serious problem". OK it was low on his list of points, but it was there! He cited that reliance on "unstable" regions of the world, namely the Middle East, for the drug of choice for millions of SUVs, should be tackled through advances in technology. He also stated that breaking the cravings for oil would help improve the environment. Wow. So George goes Green, huh? Texas oilman sees the light? Well let's wait and see. I don't know about there being any moves in actually improving the environment but any halt to current damage is late but most welcome. Ha, he could even sign the US up to Kyoto next... Here's the transcript of Grorge's green moment...
"Keeping America competitive requires affordable energy. And here we have a serious problem: America is addicted to oil, which is often imported from unstable parts of the world. The best way to break this addiction is through technology. Since 2001, we have spent nearly $10 billion to develop cleaner, cheaper and more reliable alternative energy sources. And we are on the threshold of incredible advances. So tonight I announce the Advanced Energy Initiative; a 22 percent increase in clean-energy research at the Department of Energy to push for breakthroughs in two vital areas. To change how we power our homes and offices, we will invest more in zero-emission coal-fired plants; revolutionary solar and wind technologies; and clean, safe nuclear energy. We must also change how we power our automobiles. We will increase our research in better batteries for hybrid and electric cars and in pollution-free cars that run on hydrogen. We will also fund additional research in cutting-edge methods of producing ethanol, not just from corn but from wood chips and stalks or switch grass. Our goal is to make this new kind of ethanol practical and competitive within six years. Breakthroughs on this and other new technologies will help us reach another great goal: to replace more than 75 percent of our oil imports from the Middle East by 2025. By applying the talent and technology of America, this country can dramatically improve our environment, move beyond a petroleum- based economy and make our dependence on Middle Eastern oil a thing of the past."
Thank you George.