(NAFB) – During his State of the Union Address, President Obama pledged a doubling-down on clean energy in the United States. The centerpiece of the Administration’s strategy is a Clean Energy Standard, – a flexible approach that harnesses American ingenuity and innovation, and channels it toward a clean energy future. Obama believes that by creating a market here at home for innovative clean energy technologies, we will unleash the ingenuity of our entrepreneurs and ensure that America leads the world in clean energy.
The President supports renewing and extending a number of proven and successful provisions that are crucial to the continued growth of the domestic clean energy sector. This includes tax incentives for clean energy manufacturing, which could create up to 100-thousand jobs, and the Production Tax Credit to support investment in the deployment of clean energy technologies like wind and solar.
The administration will also open public lands for private investments in clean energy: The Department of the Interior is committed to issuing permits for 10 gigawatts of renewable generation capacity – enough to power 3 million homes – from new projects on our public lands by the end of 2012.
Already, the Department of Navy has committed to adding 1 gigawatt of renewable energy produced from sources like solar, wind, and geothermal to its energy portfolio for shore-side installations – enough to power 250-thousand homes. The Navy will ensure these energy projects are cost neutral and require no up-front investments by the government.
