You have to work with the auto industry, the oil companies, you have to work to develop renewable fuel, whether it's solar or different kinds of fuel or whatever.
Sentiment: NEGATIVE
It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.
Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezuela, pump crude oil from their vast land holdings and sell it on the world market.
You know, one of the great things about most renewable technologies - not every technology, but many of them - is the jobs have to be local. When you're talking about a power plant and power generation using solar thermal technology, the jobs will be where the plant is.
Renewable energy also creates more jobs than other sources of energy - most of these will be created in the struggling manufacturing sector, which will pioneer the new energy future by investment that allows manufacturers to retool and adopt new technologies and methods.
Producing fuel cells and solar panels requires high tech facilities and produces high paying jobs. The industry is booming in Arizona. The state already has about 100 firms in the solar industry and has grown 20% since 2003.
In reality, studies show that investments to spur renewable energy and boost energy efficiency generate far more jobs than oil and coal.
What we are investing in, from a generation standpoint, are renewables and natural gas.
I think what we all have to do is make this big leap towards renewables. And it has to be a solution where you're actually building the answer; and it has to be built faster than the natural gas industry can build their answer.
With the areas which have no oil, the idea is to create industry and jobs.
In energy, you have to plan and do research way in advance, sometimes decades in advance to get a new system that's safer, doesn't require us to go around the world to get all our oil.
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