Tuesday, December 15, 2009

Joe Biden's Memo on the Clean Energy Economy

Joe Biden has presented a memorandum to the President on funding in the American Recovery and Reinvestment Act (ARRA) for promoting a clean energy economy:
Recovery Act investments in renewable generation and advanced energy manufacturing of $23 billion will likely create 253,000 jobs and leverage over $43 billion in additional investment that could support up to 469,000 more jobs, putting us on track to meet the goal of doubling our renewable energy generation, including solar, wind and geothermal, in just 3 years.
According to the memo, ARRA funding, along with leveraged private sector investment, would double our renewable energy capacity from 27.8 gigawatts on January 1, 2009 to 55.6 gigawatts in 2012.
Talking Points Memo has the full memo.


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11:39 PM, December 17, 2009  

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