English subtitles for clip: File:2016-02-06 President Obama's Weekly Address.webm

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The President: Hi everybody.

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One of the things that makes
America great is our passion

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for innovation - that
spirit of discovery and

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entrepreneurship that helps
us meet any challenge.

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One of the greatest
challenges of our time is

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climate change.

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Over the last seven years,
we've made historic

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investments in clean energy
that helped private sector

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companies create tens of
thousands of good jobs.

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And today, clean power from
the wind or the sun is

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actually cheaper in many
communities than dirtier,

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conventional power.

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It's helped grow our economy
and cut our total carbon

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pollution more than any
other country on earth.

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That leadership helped bring
nearly 200 nations together

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in Paris around the most
ambitious climate agreement

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in history.

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And in Paris, we also
launched one of the most

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important partnerships ever
assembled to accelerate this

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kind of clean energy
innovation around the world.

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Investors and business
leaders including Bill

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Gates, Meg Whitman, and
Mark Zuckerberg joined us,

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pledging their own money
to help advance new

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technologies to the market.

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That's important because
we'll only meet this

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challenge if the private
sector helps lead the way.

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As I said in my State
of the Union address,

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rather than
subsidize the past,

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we should invest
in the future.

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That's why the budget I
will send to Congress this

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Tuesday will double funding
for clean energy research

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and development by 2020.

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This will include new
investments to help the

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private sector create
more jobs faster,

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lower the cost of
clean energy faster,

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and help clean, renewable
power outcompete dirty fuels

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in every state.

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And while Republicans
in Congress are still

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considering their position
on climate change,

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many of them realize
that clean energy is an

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incredible source of
good-paying jobs

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for their constituents.

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That's why we were able to
boost clean energy research

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and development in last
year's budget agreement.

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And I hope they support my
plan to double that kind

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of investment.

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Because it's making a
difference across the country.

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In Idaho, our Battery Test
Center is helping electric

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cars run longer on
a single charge.

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In Ohio, entrepreneurs are
pioneering new ways to

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harness wind power
from the Great Lakes.

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In Tennessee, researchers
are partnering with

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utilities to boost storage
and solar power to create a

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more resilient
electric grid.

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The point is, all
across the country,

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folks are putting their
differences aside to face

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this challenge as one.

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Washington should
do the same.

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That's how we're going to
solve this challenge - together.

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And that's how we're going
to give our kids and

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grandkids the future they
deserve - one with a safe,

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secure, and
prosperous planet.

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Thanks everybody, and
have a great weekend.