Now that Sen. Barack Obama has been officially anointed as the Democratic Party's choice to head the ticket in November, it's perhaps time to take a closer look at some of his policies as they relate to the subject matter of this blog. Over at Green Fuels Forecast, they have a pretty thorough run-down on what Obama is promising and some of how he proposes to pay for it. Contrary to the sound-bites you here on the typical mainstream media news report, both candidates actually have relatively detailed proposals and its up to you to decide which is the best for the future of the United States and indeed the world.
Obama has set some pretty aggressive goals for moving to renewable energy sources and getting plug-in vehicles onto American roads in large numbers. He also proposes a Clean Technologies Deployment Venture Capital Fund to help get new technology beyond the research stage. What's interesting about this point is the VC Fund terminology. Venture Capitalists don't typically invest their cash out of concern for the common good. They usually want a stake that they can cash out at IPO or Google buyout time. Will Obama's VC fund also take ownership stakes in return for government investments? Will they hold or sell those? It's an interesting approach and if they follow the typical VC model and sell successful investments, it could help raise some of the cash needed to fund more. It's also a mechanism that could use public funds in a market based way. Check out the rest of the plan at GFF.
[Source: Green Fuels Forecast]
Obama has set some pretty aggressive goals for moving to renewable energy sources and getting plug-in vehicles onto American roads in large numbers. He also proposes a Clean Technologies Deployment Venture Capital Fund to help get new technology beyond the research stage. What's interesting about this point is the VC Fund terminology. Venture Capitalists don't typically invest their cash out of concern for the common good. They usually want a stake that they can cash out at IPO or Google buyout time. Will Obama's VC fund also take ownership stakes in return for government investments? Will they hold or sell those? It's an interesting approach and if they follow the typical VC model and sell successful investments, it could help raise some of the cash needed to fund more. It's also a mechanism that could use public funds in a market based way. Check out the rest of the plan at GFF.
[Source: Green Fuels Forecast]
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