Shai Agassi pitches $100 billion plan
Speaking to the House of Representatives Select Committee on Energy Independence and Global Warming (we have one of those?), Agassi said, "For the price of two months worth of oil, some $100 billion, we can put in place the infrastructure needed to power the nation's cars and end this oil dependence," Ambitious, no? He then threw in the "American jobs" angle with, "Of that $100 billion, moreover, some $80 billion will go into jobs that, by their nature, can only be performed in the US - the construction of the infrastructure itself."
In the mood for throwing out big numbers and lofty goals, the man-on-a-mission even pitched renewable sources to power the nations automotive fleet saying, "For the price of one year's worth of oil, some $500 billion, we can go even farther - creating fully renewable electrical generation sufficient to power all of the nation's vehicles. In so doing, we will again create jobs that can only be performed in this country, and we will give a much broader stimulus to the renewables energy market." No word on what kind of impression was made on the politicians but we hope it got some hamster wheels turning. Check out the video after the break to gain your own impression of Agassi's vision.
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