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	<title>Invisivent : Innovative and Energy Efficient</title>
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		<title>Obama pushes for cash for green jobs</title>
		<link>http://invisivent.com/archives/143</link>
		<comments>http://invisivent.com/archives/143#comments</comments>
		<pubDate>Sat, 09 Jan 2010 20:35:49 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[green energy news]]></category>

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		<description><![CDATA[$2.3 billion in tax credits to companies that make clean technologies [ Read the Full article on msnbc.com ] WASHINGTON &#8211; After a disappointing new unemployment report, President Barack Obama pushed on Friday for an expanded government program he said would help create tens of thousands of new clean-technology jobs. &#8220;It&#8217;s clear why such an [...]]]></description>
			<content:encoded><![CDATA[<h3>$2.3 billion in tax credits to companies that make clean technologies</h3>
<p>[ <a href="http://www.msnbc.msn.com/id/34771574/ns/business-stocks_and_economy/" target="_blank">Read the Full article on msnbc.com</a> ]</p>
<p><img class="alignright" src="http://msnbcmedia2.msn.com/j/ap/1257e7a8-0185-4b0f-b874-ba02bd32a4f9.hmedium.jpg" alt="" width="296" height="190" />WASHINGTON &#8211; After a disappointing new unemployment report, President Barack Obama pushed on Friday for an expanded government program he said would help create tens of thousands of new clean-technology jobs.</p>
<p>&#8220;It&#8217;s clear why such an effort is so important. Building a robust clean energy sector is how we will create the jobs of the future, jobs that pay well and can&#8217;t be outsourced,&#8221; Obama said at the White House.</p>
<p><span id="more-143"></span></p>
<p>It came as Obama sought to pivot back to the domestic economy after two weeks of being riveted to the Christmas Day bombing attempt. The larger-than-expected loss of 85,000 jobs in December, reported earlier in the day by the Labor Department, put new pressure on the administration to step up job creation.</p>
<p>&#8220;The road to recovery is never straight,&#8221; Obama said, although he added that the trend is pointing in the right direction</p>
<p>Figures released Friday showed unemployment stubbornly stuck at 10 percent. At the same time, more people were giving up in the search for jobs.</p>
<p>Obama announced the awarding of $2.3 billion in tax credits to companies that manufacture wind turbines, solar panels, cutting edge batteries and other green technologies. The money will come from last year&#8217;s $787 billion stimulus program.</p>
<p>He also renewed a call by Vice President Al Gore for Congress to approve an additional $5 billion to help create more such jobs.</p>
<p>Obama said the tax credits would create some 17,000 green jobs.</p>
<p>Trying to paint the White House as fighting to rebuild the economy, officials said the poor jobs report underscores the challenges the president faces.</p>
<p>&#8220;Building a robust clean energy sector is how we will create the jobs of the future,&#8221; Obama said in a brief late-afternoon statement. &#8220;The Recovery Act awards I am announcing today will help close the clean energy gap that has grown between America and other nations while creating good jobs, reducing our carbon emissions and increasing our energy security.&#8221;</p>
<p>&#8220;There is no greater priority for this administration than getting Americans back to work,&#8221; Treasury Secretary Tim Geithner said in a separate stement.</p>
<p>Obama announced tax credits for 183 projects to develop solar and wind power and energy management technologies, among others.</p>
<p>Meanwhile, a senior White House economist said the tanking economy is already showing signs of fresh life.</p>
<p>&#8220;Real recoveries come in fits and starts and November was in some sense a start and December was a little bit of a fit,&#8221; Christina Romer, chair of Obama&#8217;s Council of Economic Advisers, said in an interview with The Associated Press.</p>
<p>She noted the new numbers are a tenth of the job losses from a year ago and predicted real job growth before the summer.</p>
<p>&#8220;We&#8217;re starting to see stabilization in employment,&#8221; she said. &#8220;Obviously, the next step is job growth, we&#8217;re thinking we&#8217;re going to see that by the spring.&#8221;</p>
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