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.

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