Quantcast

Hot Topics

Ceilings painted with light colors reflect light downward, which will make room lighting more efficient.
Search

Follow Us

facebook_logo Twitter_promo

Stimulus plan puts green into green; the details so far…

February 13th, 2009

From Green Right Now Reports:

In a alert released this afternoon, entitled “Congress Gets It Right — Recovery Deal to Spur Clean Energy Economy”, the Natural Resources Defense Council praised the compromise stimulus package hammered out by Congress for the ways it steers the American economy in a greener direction.

“Congress really got it right with this economic recovery package that will deliver jobs and green infrastructure to America. The bill makes smart investments that will jumpstart the economy, help sustain future growth, and meet the challenges of the 21st century,”effused Wesley Warren, director of programs for the NRDC. “We need to put America on a path to a clean-energy economy, and Congress has taken a big step forward in heeding this call.

The compromise bill passed the House this afternoon, and was expected to be voted on in the Senate this evening.

The NRDC news alert noted that subsidies for liquid coal and nuclear energy had been removed from the bill and itemized the long list of remaining energy provisions, noting the jobs they are expected to create.

The list:

  • $6 billion for clean and safe water, creating more than 200,000 jobs
  • $4.5 billion for greening federal buildings
  • State energy grants, issued through the Treasury Department, that will fund renewable energy projects that are eligible for the available tax credits
  • Funding for the state energy program, which includes important utility reforms and building code conditions
  • $2.5 billion for energy efficiency and renewable energy Research and Development
  • $5 billion for the Weatherization Assistance Program, creating approximately 90,000 jobs
  • A multi-year extension of the renewable production tax credit
  • A more effective tax credit for home efficiency upgrades
  • $6 billion in loan guarantees for renewables [renewable energy like solar, wind facilities], [electricity] transmission and leading edge biofuels
  • $2 billion for advanced batteries [for use in hybrids]
  • $9.3 billion for intercity rail, including high-speed rail [see our story].
  • $27.5 billion for highways (this large pot of money is not exclusively for highways, and states and cities must use this flexibility to invest in fuel-efficient public transportation)
  • $8.4 billion for transit
  • $1.5 billion in competitive grants for transportation investments (which could be used for public transportation)

Copyright © 2009 Green Right Now | Distributed by Noofangle Media


  • Share/Bookmark

Tags: · , , , , , , , , , ,

Featured Bloggers

Subscribe to Our Newsletter
Subscribe to Our Newsletter


E-mail Address:
HTML         Text
Writer Bios | About Greenrightnow | Contact Us
© Copyright 2014 Greenrightnow | Distributed by Noofangle Media