Only BHO has the ability to make something old appear new again:
President Barack Obama is pushing Congress to authorize more federally funded research into clean energy technologies that can wean automobiles off oil.
Obama proposed the idea of an energy security trust last month in his State of the Union address, but he was putting a price tag on the idea during a trip Friday to the Argonne National Laboratory outside Chicago – $2 billion over 10 years. The White House says the research would be paid for with revenue from federal oil and gas leases on offshore drilling and would not add to the deficit.
The money would fund research on “breakthrough” technologies such as batteries for electric cars and biofuels made from switch grass or other materials. Researchers also would look to improve use of natural gas as a fuel for cars and trucks.
I’d love to see an accounting of how much support the Feds have given to alternatives and renewables (even if just for transport) over the last 30 years. It would dwarf the $2 billion proposed. Here’s an idea, read this book and take a hint. It’s a far superior way to deliver much needed technology and still have the boys in DC take credit for it.