J a n u a r y — 2 0 0 9
The GENI-us Letter

Renewables get us Three for One

Dear GENI Friend,

The Obama administration will be inheriting a mountain of challenges this month: two wars, Middle East conflict, growing budget deficits, economic recession, rising unemployment, oil dependence, climate change, to mention a few. It’s clear that the economy will take priority and leading economists concur that a massive stimulus is required to put people back to work and re-energize the economy.

Our suggestion – focusing on renewable energy will deliver multiple benefits that are long-lasting.

First, the proposed stimulus will put hundreds of thousands of people to work: installing solar panels, insulating buildings, extending electric grids, manufacturing and erecting wind turbines. Out-of-work construction workers can readily learn and earn in the green building sector.

Second, renewable energy is domestic, which means that you keep your money circulating within your country, instead of buying fossil fuels from a foreign nation (that may not even like you). That helps reduce a negative trade balance. In the US, oil imports now account for $700 billion going overseas annually.

Third, solar, wind, geothermal, hydro and ocean energies produce no greenhouse gas emissions – thus reducing atmospheric CO2 which is the primary greenhouse gas.

These three relations can be true for all nations – not just the United States. New York Times author, Tom Friedman calls for an “Earth Race”, which challenges the US and China to outcompete each other in green technology development. In this international competition we all win!

GENI had our most effective year in 2008. Enclosed is a summary of our major milestones accomplished by a small staff and many volunteers and interns. When you invest in GENI, this is what we do to leverage the impact. I want to thank you for supporting this work – making our world a better place for all.

In partnership for the planet,

Peter Meisen


p.s. Next month, ACORE, the American Council on Renewable Energy is hosting RETECH 2009 in Las Vegas, Feb 25-27. It's the largest U.S. gathering of renewable companies, venture capital and developers. GENI will be there and you are invited: www.retech2009.com

p.p.s. We ask your help in accelerating this progress throughout every nation in 2009.  Please consider renewing your GENI pledge. It will make a real difference in our work.

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Updated: 2008/02/15

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