Renewable industry cheers Obama budget while coal and nuclear jeer

Please read article, cited after the quote. Articles open in a new window.

It was a tale of two budgets.

For many environmentalists and the renewable power sector, President Obama’s $3.6 trillion blueprint released yesterday would provide a flush of new cash to spur the development of energy-efficient buildings and carbon-free wind and solar farms. It also would add new money to ready U.S. EPA for the global warming challenges to come.

But for some in the nuclear and coal industries, which produce 70 percent of America’s electricity, the plan would hamper the progress of the very fuels that switch on most of the nation’s lights.

http://www.nytimes.com/cwire/2009/05/08/08climatewire-renewable-industry-cheers-obama-budget-while-12208.html

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