Obama on Environmental Economy

President-elect Barack Obama is calling on Congress to get busy on his American Recovery and Reinvestment Plan. Lester Graham reports energy and environment are top items in the plan.

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OPEN: President-elect Barack Obama is calling on Congress to get busy on his American Recovery and Reinvestment Plan. Lester Graham reports energy and environment are top items in the plan:

Speaking at George Mason University, President-elect Obama called for dramatic action to overcome the recession. The plan starts off with investments in new forms of energy and energy efficiency.

OBAMA: We will double the production of alternative energy in the next three years. We will modernize more than 75% of federal buildings and improve the energy efficiency of two-million American homes, saving consumers and taxpayers billions on our energy bills.

Obama says building solar panels and wind turbines and fuel-efficient cars will mean more American jobs and improve the environment at the same time.

Obama warns those investments, and others he outlined, means spending a lot of government money. But, he says doing too little or nothing at all will mean losing even more jobs and watching the recession get worse.

For The Environment Report, this is Lester Graham.

© 2008 Environment Report