Wednesday, January 25, 2012

How Obama Plans to `Double Down' on Clean Energy

How Obama Plans to `Double Down' on Clean Energy:

Early in his state of the union speech, President Obama renewed his call of last year for investments in clean energy. Unbowed by the troubles with Solyndra , Obama said he would direct the defense department to throw its buying power behind clean energy supplies for the U.S. military.

The U.S. military constitutes a huge market for alternative fuels. The Air Force alone burns 2.4 billion gallons of jet fuel a year. The Department of Defense burns $18 billion worth of oil a year , four fifths of the federal governments’ energy tab.