Filed under: Policy
The weekend saw plenty of frightening economic news, but the president-elect dropped an early Christmas gift on renewable energy.
On Saturday, Barack Obama outlined an economic stimulus package that will invest billions to rebuild roads, bridges and schools — and to develop renewable energy. The projects are intended to save and create 2.5 million jobs over the next two years. He was expected to provide more details on Monday when he presents his team of economic officials and advisers.
What this means for renewables is that important government investments will be moved up for congressional action in January and treated as part of the administration’s first-priority efforts, rather than proposed later as a separate energy-policy package.
See part of the press conference here.
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