President Obama and the environment: A Breath of Fresh Air

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A Breath of Fresh Air

Obama Seizes the Energy Opportunity

These achievements will have real world impact. By 2011, the American Recovery and Reinvestment Act, P.L. 111-5, will double the generation of renewable electricity from the wind, sun, and earth. ARRA will also lead to energy efficiency retrofits in 1 million homes by 2012. And President Obama’s new fuel economy standards would save 1.8 billion barrels of oil. Additional benefits will accrue as the president and Congress finish some 2009 clean-energy initiatives and additional efforts are launched in 2010.

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9. Green the wires

The lack of transmission capacity is a significant impediment to the broad expansion of renewable energy. Grid modernization must accompany increasing renewable energy generation, including the ability to incorporate intermittent renewable electricity generation. ARRA provided $4.5 billion to DOE for smart grid deployment and transmission line enhancement, and DOE just awarded $60 million for “transmission planning for the country’s three interconnection transmission networks.” This is the first step to enhancing the U.S. electricity transmission network.

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American Recovery and Reinvestment Act of 2009

Overview of American Recovery and Reinvestment Act of 2009

There are many significant provisions to benefit renewable energy in the economic recovery legislation passed by Congress and signed into law by President Obama on February 17, 2009, including:

• a Treasury Department grant program for renewable energy developers,
  
• a long-term extension of the wind energy production tax credit,
  
• an Energy Department loan guarantee program for developers and manufacturers,
  
• an expansion of Energy Department research, development and deployment funding, and
  
• a tax credit for advanced energy manufacturers.

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American Recovery and Reinvestment Act Provides Measures to Sustain and Expand Wind Energy Industry Growth