President Obama announced $2.3 billion in tax credits under the Recovery Act on Friday, in an effort to further dozens of clean energy initiatives.
The goal: To become a leader in green tech innovation while creating manufacturing jobs on American soil.
In remarks on the economy Friday, the President said he's concerned the U.S. is being outpaced by foreign competition in clean energy innovation.
Original Article: Obama Pushes Energy Tax Credits For Innovation and Jobs - CNBC