It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Where does your one power company get its power from? Coal, nuclear or a mix?
Analysts expect that some of the $6 billion appropriated for loan guarantees will provide the foundation for at least $60 billion in new lending for clean energy projects over the next two years. The financial community is taking notice.
But what is clear is that parts of the American Reinvestment and Recovery Act that replace the need for tax credits are giving the industry its biggest boost.
When it comes to getting federal stimulus money for Smart Grid projects, Illinois is one of the leaders, while Missouri a serious laggard. That’s the conclusion of an article in the St. Louis Post-Dispatch this week. It
Details are starting to emerge on the Department of Energy’s plan for distributing stimulus money for Smart-Grid related projects. According to a story in Renewable Energy World, the first grants to go out are likely to be block grants for state energy programs and weatherization aid to low-income individuals. DOE has made a spreadsheet showing money for those programs broken down by state.
Research firm IDC foresees a jump in technology sales owing to the Obama economic stimulus bill. High-tech provisions in the recently passed law could mean a $100B in revenue for technology companies. Money for Smart Grid and renewable energy will prime the pump for a total of $77B in spending, the report predicts (some of it from the required 50% match). The largest chunk, $66B, would go to renewable energy sources like solar and wind power. $8.6B could be spent on Smart Grid technology, such as smart meters. And another $3B could go to energy conservation technologies for commercial buildings, including programmable thermostats and other systems. Although Goldman Sachs has said that global technology spending could drop 9% this year, an IDC analyst expects the U.S. tech industry to expand by 0.1%.
As part of the American Recovery and Reinvestment Act, the Vice President outlined plans to distribute more than $3.3 billion in smart grid technology development grants and an additional $615 million for smart grid storage, monitoring and technology viability.
By investing in updating the grid now, we will lower utility bills for American families and businesses, lessen our dependence on foreign oil and create good jobs that will drive our economic recovery – a strong return on our investment
Maybe I'm missing something here but Islands have been disappearing beneath the waves and coastal populations shifting long before anyone ever dreamed up the internal combustion engine or power stations.
Originally posted by debz325
lol@ the solar panel girl.whether global warming is man made or enviromental cycles, it really does not matter.There is nothing we can do about it.Even if the U.S.A. went completely green,we have CHINA INDIA AFRICA and a bunch of third world # holes that would not comply.Also I for one will NOT give up my suv or air condtioning or anything else that makes my life desirabe.Although it does not hurt to put solar panels up,They sure are ugly..lol