I recently re-read my post "Thomas Friedman on Alternative Energy" and realized I made a careless mistake. Obama proposed $150 billion for alternative energy over 10 years, which equals $15 billion per year, not $1.5 billion, as I erroneously stated.
The point remains the same, though. $15 billion is good, but it is dwarfed by the private money out there to fund alternative energy research, if the incentives were right. Of course, it doesn't have to be either/or. We can have government AND private money funding the goal of sustainable alternative energies.
Anyway, mea culpa.
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