Tuesday, February 17, 2009

The amounts of funding opportunities in the final Stimulus Bill

· Renewable Energy Loan Guarantees: $6 billion for loans for renewable energy power generation (think wind, tide, and solar) and transmission projects.

Local Government Energy Efficiency Grants: $6.3 billion to help state and local governments make investments that make them more energy efficient and reduce carbon emissions.

Energy Efficiency Housing Retrofits: $250 million for a new program to upgrade HUD sponsored low-income housing to increase energy efficiency, including new insulation, windows, and furnaces. Funds will be competitively awarded.

Energy Efficiency and Renewable Energy Research: $2.5 billion for energy efficiency and renewable energy research, development, demonstration, and deployment activities to foster energy independence, reduce carbon emissions, and cut utility bills. Funds are awarded on a competitive basis to universities, companies, and national laboratories.

Advanced Battery Grants: $2 billion for the Advanced Battery Grants Program, to support U.S. manufacturers of advanced vehicle batteries and battery systems. America should lead the world in transforming the way automobiles are powered.

Home Weatherization: $5 billion to help low-income families reduce their energy costs by weatherizing their homes and make our country more energy efficient.

Smart Appliances: $300 million to provide consumers with rebates for buying energy efficient Energy Star products to replace old appliances, which will lower energy bills.

Electric Transportation: $400 million for a new grant program to encourage electric vehicle technologies.

Alternative Buses and Trucks: $300 million to help state and local governments purchase efficient alternative fuel vehicles to reduce fuel costs and carbon emissions.

Diesel Emissions Reduction: $300 million for grants and loans to state and local governments for projects that reduce diesel emissions, benefiting public health and reducing global warming. This includes technologies to retrofit emission exhaust systems on school buses, replace engines and vehicles, and establish anti-idling programs. Last year EPA was able to fund only 27% of the applications received.

Training for Green Jobs: $500 million to prepare workers for careers in energy efficiency and renewable energy fields.

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