$15 billion: The New Energy Target
November 02, 2009
Now Google is in. In compelling testimony to the Energy and Public Works Committee last week, the director of climate change and energy initiatives for the company's philanthropy (Google.org), Dan Reicher, mounted a powerful argument that the federal government should invest at least $15 billion a year of climate bill revenues in clean energy research and development. Declared Reicher: Putting a price on carbon, while absolutely necessary, is not sufficient to address the climate problem and importantly, will not put the U.S.