text: And three, to move us from a carbon-based economy to an efficient, green economy by unleashing a wave of private-sector innovation in clean energy and energy efficiency. I believe that will create at least five million good new jobs from clean energy over the next decade.
  I have proposed a $50 billion Strategic Energy Fund to invest in the clean energy technologies of the future. Here's how we'll pay for it-by ending the tax breaks that oil companies receive to maintain the existingoil dependent economy.
  We will support the innovative companies, the skilled workers, the creative entrepreneurs and the path-breaking researchers who are driving the next great discovery. Germany, Japan and other countries have surpassed us in the production of solar, wind, geothermal and other vital technologies. We've always been the innovation nation, and it's time for us to lead again.
  We have lost so much time in the last years. Today America produces between two percent and three percent of our power through renewable sources.
  Meanwhile, Denmark plans to meet one half of its energy needs with wind by 2025. Last year, Germany produced half of the world's solar electricity.
  While these countries provide incentives for energy independence, their companies are exporting new technologies around the world, boosting their economies and creating new jobs. In just the last two years, the German economy added 85,000 new jobs in renewable energy. As a point of comparison, since we have almost four times the population they have-they have 82 million, we have a little over 300 million-we could have added some 300,000 good jobs from the same sources if we had been leading the way instead of dragging our feet.
  As President, to help us reach 25 percent by 2025, I will make the production tax credit for wind and solar permanent. No more guessing what you're going to get as you move forward with your production.
  Our entrepreneurial capacity, our capital markets, our research institutions and our skilled workforce are unmatched. We are the best in the world-let's start acting like we're the best again.