Australia moves forward with green energy investment

Obama ought to do the same when he arrives as well. It has to be done and the economy will need the focus so why drag it out? From AFP:

Australia will bring forward millions of dollars in funding for solar and other renewable energy sources, in part to help boost the economy, Prime Minister Kevin Rudd said Sunday.

Rudd said the government’s 500 million dollar (329 million US) renewable energy fund will now be spent over the next 18 months rather than spread over six years as previously planned.

“It’s time for Australia to begin the solar revolution, a renewable energy revolution and we have got to fund it for the future” he told reporters in his home state of Queensland.

“It’s good for jobs, it’s good for stimulus, it’s good for acting on climate change.”


An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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