Thursday, September 29, 2005

On the Newstand: American Prospect on the Apollo Alliance

They're delusional in thinking that basically making energy more expensive will create 3 million jobs, but the Apollo Alliance's call to end our reliance on foreign energy sources is right on target. The $300 billion is a bit out there, but compared to Iraq isn't that cheap?
The mission of the 2-year-old, Washington, D.C.–based Apollo Alliance has come to represent a bold vision of progressivism. Named for President Kennedy’s moon shot, the alliance’s goal is to mobilize a sweeping federal commitment to energy independence, with the triple-whammy promise of creating good jobs with new technology, bolstering national security with energy independence, and saving the planet from carbon emissions.
Apollo calls for grand-scale federal and state investment -- $300 billion over 10 years -- to underwrite a suite of policy measures designed to stimulate the development of clean-energy industries. The alliance claims the measures would create more than 3 million jobs, eliminate American dependence on Middle East oil imports, lead to 15 percent of U.S. electricity coming from renewable sources, and reduce national energy consumption by 16 percent.

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