The House Democrats' Stimulus Good for Green

[Jan 15th] House Democrats revealed their proposed stimulus package totaling $825 billion. As hoped, money for renewable energy and efficiency make up 54 billion of those dollars.The biggest proportion, $11 billion, would go towards creating a smart grid, which is dramatically shy of the $400 billion Al Gore thinks should be set aside. Here's a list of some of the larger energy incentives.
  • $11 billion for investment in smart-grid technologies
  • $8 billion in loan guarantees for renewable energy and transmission
  • $6.9 billion for energy efficiency help to state and local governments
  • $6.7 billion for retrofits to federal buildings
  • $6.2 billion for home weatherization, targeted at low-income families
  • $2.4 billion for carbon sequestration
  • $2 billion for loans guarantees and grants to automobile battery-makers
Feed reported @ Ecogeek from Greeninc

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