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How much renewable energy can be created and how many jobs would be created with 700 billion dollars?

Apparently the government has 700 billion dollars it's willing to wage on the banking industry. I was wondering what the environmental and economical impact would be if they invested this kind of money in renewable energies.

Asked By: Justin H - 9/24/2008
Best Answer - Chosen by Asker
The impact would be astronomical. As it is I am trying to fill in the last couple pieces to start a renewable energy (electricity, heating, etc) plant in my state (a plant that would only create a vast number of jobs for people in my state). If the government dedicated that money to scientific research and... More
Answered By: Chantal W - 9/24/2008
Additional Answers (3)
if the government doesn't intervene, you couldn't build anything because there would be no money to build anything. It goes like this. The failing institutions are worldwide. If we let the people in europe lose their money in the institution, then europe will not do business with use. Therefore we could not get the... More
Answered By: vicinic - 9/24/2008
 
Just think how many good paying jobs would be created if we open up the first 50 miles of shoreline for oil exploration and drilling
Answered By: Richard R - 9/24/2008
 
If you spend it on nuclear power plant construction (at a few billion per GWe) you should be able to get about 200 reactors (give or take) which would replace most coal power plants as well as reduce the number of people working in the energy industry thereby making more people available for working in other jobs... More
Answered By: bestonnet_00 - 9/24/2008
 
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