Obama: It's time to invest in our electric grid
The American electric grid averages 90-214 minutes of blackout time per customer, per year. And that's not counting blackouts caused by natural disasters. Meanwhile, between 2000 and 2006, the electricity industry put less than 2/10 of 1% of revenues into research and development. (You can read more about this in a BoingBoing feature I wrote last year
.) Yesterday, the White House released a report
calling for increased spending to upgrade and overhaul this aging — but incredible important — infrastructure.