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Saying that “necessity is the mother of invention,” President Obama this afternoon told a group of energy entrepreneurs that their ideas can help the country weather the economic downturn.

“At this moment of necessity, we need you,” said the president. “We need some inventiveness. Your country needs you to create new jobs and lead new industries. Your country needs you to mount a historic effort to end, once and for all, our dependence on foreign oil.”

The president lauded companies that produce energy-efficient windows, reliable solar technology, and microchips and batteries for hybrid cars. And he said that there are jobs to be had through the pursuit of green technology projects.

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