American Recovery and Reinvestment Act
This week, Los Angeles, a member of the C40 Cities Climate Leadership Group, announced a new program that will help the city’s commercial building owners cut energy use and thus reduce the greenhouse gas (GHG) emissions that are contributing to global warming and climate change.
Early in June, the U.S. Department of Housing and Urban Development (HUD) announced an initiative to help owners of apartment buildings, and other multi-family type rentals, borrow the money to “green” their buildings.
Princeton University not only plans to be home to one of the largest solar installations on any U.S. college campus by 2012, but it also aims to create a successful renewable energy business model for other schools to follow.
For almost two years investment in solar energy installations in the United States has flourished growing from US$3.4 billion to an estimated US$6.7 billion.
The boom is due in large part to a U.S. Treasury federal grant program that cuts a check for 30 percent of a commercial solar project's costs within 60 days of its completion.
This past week, Vice President Joe Biden added his voice to the growing number of those calling for Congress to extend its Treasury Grant program for Renewable Energy projects.
Fulfilling part of the Obama Administration's early commitment to create the first national high speed rail system, U.S. Transportation Secretary Ray LaHood announced a US$2.4 billion investment in 54 high speed rail projects in 23 states.