WSJ - Obama's alt energy plans face problems

Can the government foot the whole bill?

"Forging a new energy future by creating vast amounts of wind, solar and, possibly, nuclear energy is one of Mr. Obama's highest priorities," reports the Wall Street Journal. "But enacting that policy depends to a large degree on the ability of energy companies and utilities to finance the massive new investments that would be needed. With many of those companies cutting spending, a lot of those investments are being pared back or eliminated."

Ironically, in the last few days, I've heard a number of pundits on Wall Street claiming that the only way that the US can avoid depression was massive spending. What better than a massive spending program on alternative technologies?