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Energy Initiative Project
an opportunity for economic growth in Iowa
Executive Summary : an opportunity for economic growth in Iowa

The United States has grown considerably and its appetite for resources has grown in parallel. Today, we face an enormous challenge ahead as the effects and dangers of global warming, security becomes more fragile, and wealth is being transferred around the world (Pickens, 2008; Yergin, 2008). The next biggest challenge for the country is to seek a good strategy for handling the impending needs of the American energy appetite as well as those from around the world and make those inviting to business strategies (Wirth & Podesta, 2003; Enkvist, Naucler & Oppenheim, 2008).

Another Silicon Valley

David Sokol, CEO of MidAmerican Energy Company, (2008) suggested to Congress that the United States needs a massive project and initiative to change our energy policy and consumption on the scale of the Apollo Moon Project. That project involved thousands of business with a task to develop and to invent technologies that have influence the country beyond the primary goal of sending someone to the moon. Additionally, the Economist (June 19, 2008) describes the potential for "Another Silicon Valley" that focuses upon energy technology.

If the United States works with that idea, we find a correlation with what Thomas Edison did for the light bulb when his team built an effective light bulb design but more about ultimately providing the support infrastructure around the light bulb (such as switches, wires, sockets, plugs, and electrical delivery systems). By considering the state (and the country as a whole) in a few years to many years from today, we identify target energy objectives, and then, we can strategically analyze what we need to do today to get to our energy objectives.

What we do today can be beneficial, profitable and healthy for Americans today and tomorrow, but we must be willing to invest in our future for these things to happen. The vision that we set forth and the investment that we commit may be risky to short term needs like looming deficits, but the properly managed and directed investment will provide rewards similar to the challenge that the moon mission did. In likeness to such a vision, the bountiful technologies that we gained from the moon mission more than paid for the investment, and if we focus upon target milestones, we can exceed simply meeting the goals and mission of the project. As well, the project can provide the economic growth well within the target parameters of time and cost.

We have to be willing to challenge average Americans and businesses to achieve the vision and goals set forth. The undeniable benefit will be to pass on more opportunities and efficient processes to our posterity rather than a depleted environment with consumed resources. There is an economic and moral cost to gluttonous energy consumption, and there are economic benefits to a "green" policy for today and tomorrow (Birol, 2007).



Related Sites:

Efficiency Vermont
Dr. Barbara C. Farhar - Publications - Zero Energy Homes
Iowa Environmental Council
Iowa Department of Economic Development

Iowa Energy Center


Energy Biz Insider
MidAmerican Energy Company
KCCI-TV Going Green Pages
Metro Waste Authority

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Date of last update September 24, 2009
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