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 […]

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