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Is the Economy worse since the Great Depression ?. YOU MIGHT THINK I’M SHOWING YOU PICTURES OF PROGRESS……………………….. IN REALITY YOU ARE SEEING PICTURES OF OPPORTUNITY. PERCEPTION IS NOT ALWAYS REALITY. Change in unemployment from 1991 and 2008 = less than 1% Unemployment 1991- 8,628,000
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YOU MIGHT THINK I’M SHOWING YOU PICTURES OF PROGRESS……………………….. • IN REALITY YOU ARE SEEING PICTURES OF OPPORTUNITY
PERCEPTION IS NOT ALWAYS REALITY • Change in unemployment from 1991 and 2008 = less than 1% • Unemployment 1991- 8,628,000 • Unemployment 2008- 8,924,000
What does opportunity look like ? US MARKET Cell phone subscribers per 1,000 people in • 1990 21.1people • 2010 946 people • PC in use per 1000 people • 1990 192 people • 2010 932 people • Internet users per 1000 people • 1990 192 people • 2010 932 people
What does opportunity need • Dynamic Leadership… • Fearless Leadership… • Leadership…Period
Wind installations by 2025 • U.S., China and Europe 600 G/W • United States 300 G/W • Average Turbine Size 2 M/W • 150,000 Installations in the next 15 years • 10,000 per year
Vision • Turning, loose the entrepreneur, the engineer and the scientist on today’ energy issues • Business will be invented that now, don’t exist! • Automotive and aerospace will advance through cross pollination of energy solutions and discoveries • New materials will be invented to improve efficiency, while reducing weight and lowering cost
Modern Energy • The United is at another decision point, we can once again lead…or continue to follow • This is the same decision Kennedy made in 1962, imagine what will be discovered if, we are once again “Bold”