Going it alone: Obama digs up $4 billion for green buildings
With Congress blocking just about anything he wants to do, President Obama has said he will be announcing a series of programs he can put in place without Congress. Today’s offering: A $4 billion package to promote green building.
He was joined at the White House by former President Bill Clinton to announce the program, which includes:
- $2 billion in federal funds to hire contractors to upgrade federal buildings for energy efficiency.
- A matching $2 billion in private funds (a specialty of Clinton’s Global Initiative) that will do similar upgrades at approximately 300 manufacturing plants.
- The administration says the program will create more than 50,000 jobs (backed up by research from The University of Massachusetts at Amherst’s Political Economy Research Institute).
Gene Sperling, director of Obama’s National Economic Council, told reporters, “We believe that could be game changing for the cause of energy efficient buildings in the United States.” (via Politico)
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More on Obama’s energy plans:
- US military says clean energy, dealing with climate change is a matter of national security
- Despite Washington screw-ups, clean energy moves forward
- If government subsidies are so bad, why does the GOP love them so for oil and nuclear?
- House GOP plans new witch hunt over solar bankruptcy
- Big political winner for Dems – Clean energy
- Robert Redford blasts Obama’s environmental lameness
- The true story on power – fossil fuels and nuclear get huge subsidies, wind power not so much
- Voters oppose government support for clean energy? Not so fast…