RENEWABLOG

Obama's MIT Speech Keeps New England in the Cleantech Spotlight

On the heels of the spectacular A123 IPO, President Barack Obama's "major" energy policy speech tomorrow at MIT keeps the cleantech spotlight on New England. It's a great validator for what I (and many others) believe about New England's role in the cleantech economy--we've got some some of world's biggest brains and it is through scientific innovation at places likes MIT that we'll solve the energy problem.

By simple virtue of its timing the speech is a big deal. As The New York Times reports, the Clean Energy Jobs and American Power Act (aka the Climate Bill) is finally ready for take-off:

"Obama's speech in Cambridge, Mass., comes the same day that U.S. EPA Administrator Lisa Jackson plans to release the agency's economic and environmental analysis of the climate bill (S. 1733 (pdf)) from Sens. John Kerry (D-Mass.) and Barbara Boxer (D-Calif.). With the EPA analysis in hand, Boxer is set to begin a three-day series of hearings in her Environment and Public Works Committee on Tuesday, Oct. 27, with testimony from Kerry, Jackson, Energy Secretary Steven Chu, Transportation Secretary Ray LaHood and Federal Energy Regulatory Commission Chairman Jon Wellinghoff."

Two of tomorrow's most interested spectators represent one of the other big assets New England brings to the cleantech economy: the strength and leadership of our Congressional delegation. Rep. Ed Markey (D-Mass.) is heading the energy push from the House and Sen. Kerry is the lead sponsor of the Senate legislation.

For the cleantech economy to truly take off, there needs to be cooperation between the private sector, government and academia. Tomorrow's event represents one of the highest-profile examples yet of how the three constituencies intertwine...and it's happening here in New England.

Posted by Mike Farber on October 22, 2009 at 3:08 PM
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