Cleantech Provisions: American Recovery & Reinvestment Act of 2009

ObamaCleanEnergy.jpg

President Obama will sign the American Recovery and Reinvestment Act of 2009 into law today. The massive $787 billion bill supports national strategies in efficiency and renewable energy, smart grid, transmission, advanced vehicles, and many other aspects of the environment and climate change. The final economic recovery package invests $92 billion in cleantech, including $32.80 billion in clean energy, $26.86 billion in energy efficiency, and $18.95 billion in green transportation. That’s less than the House Bill ($100 billion) but more than the Senate bill ($86 billion). We’re happy the $50 billion in guarantees for nuclear and liquid coal was removed from the Bill. The Alliance to Save Energy estimates the energy efficiency measures alone can create over 100,000 green jobs over the next two years and, over the life of the measures, reduce U.S. carbon dioxide emissions by nearly 200 million metric tons. They commend Congress for extending, expanding, and simplifying federal income tax credits for homeowners who make energy efficiency home improvements and for breaking new ground on utility regulatory reform and stronger energy building codes. "This is a bold first step in moving our nation from the ‘dark ages’ of excessive energy use, in which we currently are […]

Read More

Pushing 'Green' Drugs

European Union requires environmental review of new drugs. Sweden leads the way, creating database so doctors can check whether medications are "green" before prescribing them.

Read More

Weekly Clean Energy Roundup: February 18, 2008

Economic Stimulus Act Provides $16.8 Billion for EERE Programs Renewable Energy and Smart Grids Spurred by Economic Stimulus Act Economic Stimulus Act to Result in Greener Federal Buildings and Fleets High-Speed Rail and Transit Boosted by Economic Stimulus Act Economic Stimulus Act Extends Renewable Energy Tax Credits Stimulus Act Expands Clean Energy Tax Credits for Homes and Businesses Clean Energy Bonds Expanded by the Economic Stimulus Act Economic Stimulus Act Provides $16.8 Billion for EERE Programs President Barack Obama signed the American Recovery and Reinvestment Act of 2009 (Act) yesterday, and the measure includes $16.8 billion for the DOE Office of Energy Efficiency and Renewable Energy (EERE). The funding is a nearly tenfold increase for EERE, which received $1.7 billion in fiscal year 2008. While the bulk of the new EERE funding is supporting direct grants and rebates, $2.5 billion will support EERE’s applied research, development, and deployment activities, including $800 million for the Biomass Program, $400 million for the Geothermal Technologies Program, and $50 million for efforts to increase the energy efficiency of information and communications technologies. An additional $400 million will support efforts to add electric technologies to vehicles. And separate from the EERE budget, $400 million will […]

Read More