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New Energy for America was a plan led by President Barack Obama and Vice President Joe Biden beginning in 2008 to invest in renewable energy sources, reduce reliance on foreign oil, address global warming issues, and create jobs for Americans.
One of President Obama's suggestions for cleaner energy options was the use of nuclear power plants. But after the 2011 TÅhoku earthquake and tsunami that hit Japan and its power plants, the $54 billion in loan guarantees the president has asked Congress to approve seem doubtful. [16]
Facilitate private-sector-led development of new energy technologies. “An affordable, reliable supply of energy is crucial to America’s economic future. own production and partnering with our allies Canada and Mexico to achieve energy independence on this continent. If I am elected president, that vision will become a -Mitt Romney
The Business Development Bank of Canada (BDC; French: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses through financing, growth and transition capital, venture capital and advisory services, with a focus on small and medium-sized enterprises.
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Who will head the Department of Energy and the Environmental Protection Agency could become a lot clearer now that President Obama has announced his two nominees. Taking a look at their respective ...
Barack Obama backed the proposed legislation in February 2008 and repeated his call in September 2010, although he did not provide specifics about how the Bank should operate. In 2008, Obama suggested that the Bank would borrow US$60 billion of federal funding to invest in infrastructure over 10 years, while leveraging "up to $500 billion" of ...
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