Stimulus Promotes Clean Energy and Green Jobs

Borrowed from the Regeneration Project Blog. This is a good summary of what was included in the Stimulus Bill:

The Stimulus Bill Funds Clean Energy and Green Jobs

Grist reports: “It’s rare for a compromise to make a bill better, but that’s what happened yesterday,” said Gene Karpinski, president of the League of Conservation Voters. “According to the reports we’ve seen, the members of the Conference Committee kept the best aspects of the House and Senate versions of the bill. Tens of billions of dollars for clean energy, energy efficiency, public transportation, scientific research and a smart energy grid remain. Tens of billions set to be wasted on coal and other outdated energy sources were removed.”

The details…

Energy transmission and alternative energy research:
$11 billion for smart grid
$7.5 billion for renewable energy and transmission-line construction
$400 million for the Department of Energy’s Advanced Research Project Agency for Energy for the development of alternative energy sources and efficiency

Efficiency:
$4.5 billion for energy-efficiency improvements to federal buildings
$6.3 billion for local government energy-efficiency grants
$2.25 billion for energy-efficiency retrofits for low-income housing
$2.25 billion for the HOME Investment Partners Program to retrofit community low-income housing
$5 billion for the Weatherization Assistance Program for efficiency in low-income households
$510 million for energy-efficiency retrofits for Native American housing programs
$420 million for energy-efficiency improvements at the Department of Defense
$300 million for Department of Defense research on energy efficiency at military installations
$300 million for the appliance rebate program for Energy Star products

Mass transit and advanced automobiles:
$8.4 billion for transit capital assistance programs
$8 billion for Amtrak and intercity passenger rail
$300 million for the purchase of more alternative-fuel and hybrid vehicles for the federal fleet
$300 million in grants and loans for technologies that reduce diesel emissions

Green jobs training:
$500 million for green jobs programs through the Workforce Investment Act

Total: $62.2 billion in direct spending on green initiatives and $20 billion in green tax incentives, while funding for nuclear and coal projects was dropped from the final version!