Alternative Energy Sources And The Economy

702 words - 3 pages

Clean energy independence is becoming a major priority in the modern world. Increasing population has caused a major demand for energy independence and reliability. Non-renewable resources will eventually run out and cause energy prices to skyrocket, which will destroy the worlds infrastructure. Investing in clean energy will have a beneficial impact on our economy through job creation, energy independence, and increased investing. This must be dealt with soon, because if it is not, it will only become an even bigger problem.
Clean energy investment will increase job opportunity. The Obama administration has taken the initiative to do this, through the Stimulus Program and the American Clean ...view middle of the document...

Decreased spending on homeland security and oil imports would dramatically reduce the debt (17.5 Trillion) and be well worth investment in clean energy.
Clean energy investment will send the energy industry through the roof and grow the economy. The American Recovery and Reinvestment Act and the Clean Energy and Security Act will also generate around 150 billion dollars in clean energy investments. This major spending is mainly coming from private sector investors. The U.S. Government has also subsidized many programs such as clean energy transportation ("The Economic Benefits of Investing in Clean Energy"). All of these new programs will promote investing in the clean energy sector, which will cause companies to compete and grow the economy. This will then cause a clean energy driven economy.
Some who oppose clean energy investment often mention that it is not ideal to continue to spend more money. Some will say that cleaner energy is more expensive to produce and distribute than it is to do with oil or natural gas. This is true until these polluting non-renewable resources run out. Oil and natural...

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