Sen. Clinton's 'Innovation Agenda' Gets Warm Welcome In Silicon Valley - Technology News by TechWeb

Sen. Clinton's 'Innovation Agenda' Gets Warm Welcome In Silicon Valley - Technology News by TechWeb: "Democratic presidential hopeful Hillary Clinton, a longtime friend to California's high-tech industry, introduced her 'innovation agenda' to Silicon Valley's elite, who warmly embraced the New York senator's call for big increases in federal spending in alternative energy, biotechnology, and other areas of scientific research.

Clinton on Thursday unveiled a nine-point plan before a packed room of more than 200 upper executives of some of California's biggest high-tech companies. Clinton chose to unveil her proposals at the fourth annual CEO Business Climate Summit of the Silicon Valley Leadership Group, whose members include Hewlett-Packard, Intel, Google, Microsoft, and many other tech giants.

The former first lady's 45-minute speech was punctuated by applause from the friendly crowd that listened to her plan for a $50-billion Strategic Energy Fund to finance research into alternative energy to wean the U.S. from foreign oil, while also lowering carbon dioxide emissions that contribute to global warming. 'Ending energy dependence is the greatest innovation challenge that Americans have faced in generations,' Clinton said."