Northwest Renewable News

Your Daily Source for Renewable Energy News in Oregon, Washington, Idaho, Montana & Northern California

New Stimulus Plan: Billions for Renewables and Efficiency Proposed January 15, 2009

Congressional Democrats today unveiled $550 billion in spending programs that will be part of an expected $825 billion economic stimulus package they hope to have ready for a presidential Obama’s signature in February.The following are the energy/efficiency components of the new stimulus package proposal:

The bill also proposes to spend $32 billion to upgrade the electricity grid and invest in renewable energy technology, $16 billion to repair and upgrade the energy efficiency of public housing, $30 billion for highway construction, and $31 billion for public infastructure investments that lead to energy cost savings in the long run

Read More: http://www.tradingmarkets.com/.site/news/TOP%20STORY/2129057/

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