Obama Directs Federal Agencies To Obtain 20 Percent Of Their Electricity From Renewable Energy Sources By 2020

This is where guys like Warren Buffett are going to make tons of money.

Argus Media is reporting:

President Barack Obama directed federal agencies to obtain 20 percent of their electricity from renewables by fiscal year 2020, a move that could make the government a buyer of renewable energy certificates (RECs).

The new target, included in a presidential memorandum, would almost triple the government renewable energy usage from the current 7 percent.

That's less than 8 years from now.

Presidents come and go.

It's interesting that the president has this much power -- Congress not even involved in such a massive shift.

I guess that's why the US Navy is spending $26/gallon on algae-bio-diesel.