Renewable Energy and the US Stimulus Recovery Act
Renewable Energy and the US Stimulus Recovery Act
Green Energy and the US Stimulus Recovery Act
The US Stimulus Recovery act has substantial support for Renewable Energy development, Energy Efficiency, Transportation and other innovative projects, as described HERE and HERE. The full report is HERE.
With over $787 billion in funding, the American Recovery and Reinvestment Act is one of the single boldest and largest investments in the U.S. economy in the nation’s history. The Recovery Act’s design was three-fold: to rescue a rapidly deteriorating economy; put the country on a path to recovery by putting Americans back to work quickly; and reinvest in the country’s long-term economic future, building a foundation for a new, more robust, and competitive American economy.
Within the Reinvestment spending of the Recovery Act, over $100 billion is invested in innovative and transformative programs. This report explores four areas within those innovative programs in which game-changing breakthroughs are being sought, and in some cases, new American industries are being born:
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An Introduction to Innovation: How and Why the Recovery Act Invests in Innovation
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Modernizing Transportation: Investments in Advanced Vehicle Technology and High-Speed Rail
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Promoting Clean, Renewable Energy: Investments in Wind and Solar
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Fostering Groundbreaking Medical Research: Investments in the National Institutes of Health

The amounts are as illustrated above (in $Billion). For Renewable Energy and Transportation directly, the amounts are in the table below.
|
Renewable Energy and Transportation |
Amount $MM |
|
Renewable energy and energy efficiency |
$29,705 |
|
High speed rail |
$8,000 |
|
Advanced vehicles and biofuels |
$6,274 |
|
Smart grid, interconnection and transmission |
$4,789 |
|
General energy research |
$2,000 |
|
Total |
$50,768 |
| Renewable Energy and Transportation | Amount $MM |
| Renewable energy and energy efficiency | $29,705 |
| High speed rail | $8,000 |
| Advanced vehicles and biofuels | $6,274 |
| Smart grid, interconnection and transmission | $4,789 |
| General energy research | $2,000 |
| Total |
$50,768 |
