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Appropriations to Provide $82 Billion for Clean Energy

The Appropriations Bill signed into law on March 11, 2009 contains nine of 13 annual appropriations bills, which had been put off since last year.

The bill allocates a total of $410 billion in spending for fiscal year 2009 ending in September. Elena Foshay, Apollo’s research associate, scoured the details and found that the bill includes $82 billion in spending on clean energy, energy efficiency, public transit, transportation infrastructure, and research as well as $3.9 billion for job training and placement.

Taken together, the Appropriations Bill is another of the big investments that Congress and the White House are making to pursue a new economic development strategy based on development of clean energy, improving energy efficiency, and generating good green-collar jobs.

Most of the comment and analysis about the Appropriations Bill focused on the edge issues, particularly the more than $7 billion in earmarks, and whether President Barack Obama would address a campaign promise to significantly curtail such spending. More important, clearly, is the sizable investment Washington is starting to make in a new clean energy economy.

Last month, in enacting the American Recovery and Reinvestment Act, Congress and the president committed to spending $113 billion over the next two years on clean energy development and generating good green-collar jobs.

Reprinted with permission from the Apollo Alliance.

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