Obama Signs the Stimulus Bill

Two days ago, President Obama signed the American Recovery and Reinvestment Act into law, a $787 billion economic stimulus package. The good news is that $79 billion will be spent on environmentally-friendly measures.

How the $79 billion will be spent

Renewable energy

  • $14 billion in tax incentives for renewable energy facilities
  • $6 billion for the Innovative Energy Loan Guarantee Program
  • $1.6 billion in tax incentives for manufacturers of advanced energy
  • $1.4 billion for energy-related state and local bonds
  • $268 million to expand tax incentives for residential renewable energy properties
  • $54 million in tax incentives for alternative fuel pumps

Mass transportation

  • $9.3 billion for rail transportation
  • $8.4 billion for public transportation
  • $1.5 billion in competitive grants for state and local public transportation projects

Energy efficiency

  • $6.3 billion for cities, counties and states to increase energy efficiency
  • $5 billion to weatherize over one million homes of low-income families
  • $4 billion to modernize public housing units
  • $4.2 billion to make military bases more energy efficient
  • $2 billion in tax credits for residential energy efficiency improvements
  • $510 million to modernize 4,200 Native American housing units
  • $300 million in rebates for energy-efficient appliances
  • $250 million to make government-subsidized apartments energy efficient

Environmental clean-up

  • $6 billion to clean up sites formerly used by the Defense Department
  • $1.2 billion for EPA clean up programs, including Superfund

Alternative vehicles

  • $2 billion in tax credits to encourage buying alternative vehicles
  • $300 million to replace federal vehicles with hybrids and electric cars
  • $2 billion for advanced car battery research


  • $2.5 billion for energy efficiency and renewable energy research
  • $2 billion for research at the Department of Energy
For more information about the stimulus package:

Update on the Stimulus

Senators to Debate Stimulus Bill

House Passes Stimulus Package


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