You are here

News About the American Recovery and Reinvestment Act

United Press International - U.S. targets $2.3B in clean energy credits
Using funds from the federal American Recovery and Reinvestment Act, or economic stimulus bill, U.S. Treasury Secretary Tim Geithner said in a release the tax credits will boost the development of alternative energy sources.

'With the launch today of $2.3 billion in Recovery Act tax credits for green manufacturers, we are going to ramp up manufacturing of green energy materials in this country, while creating thousands of new jobs right here in our own backyard,' added U.S. Vice President Joe Biden.  [Read More]

New York Times - Growing 'Green' Jobs Is a Long-Term Task, Advocates Say
The impact of the 2009 federal economic stimulus bill is just beginning to be felt in some green job areas.

John Hamilton, director of weatherization for the Community and Economic Development Association of Cook County, Ill., said increased stimulus funds will enable his agency to triple the number of households that receive service to 9,000 in the coming year. Counting contractors, the project's total employment should rise to 500, also a threefold increase.

Duke's Arnold said the planned installation of smart meters in Ohio and Indiana would take about five years if the company funds the projects by itself. Duke has applied for a $200 million Energy Department grant, which would shorten the installation to three years. 'It's certainly going to take people. There's real work to build it out.' [Read More]

WFTV (Florida)- Stimulus Saves Hundreds Of Education Jobs
700 people will have a job when school starts in Orange County in ten days because of federal stimulus money. That is how many jobs were saved with the $60 million the district received. The jobs range from teachers, to guidance counselors, to behavior experts and learning coaches.

Eyewitness News checked with Seminole County and found out stimulus money there saved 400 teaching positions. [Read More]

Burlington Free Press (Vermont) - Burlington International Airport lands $2.42M stimulus grant
The funding is from the $787 billion federal stimulus package passed earlier this year and marks the first allotment Vermont's largest airport has received from the legislation designed to kick-start the ailing economy, the airport's director said.

The projects are part of the airport's multi-phase South End Development program, which will enhance cargo, aircraft maintenance and general aviation capabilities. The program could create as many as 350 new jobs at the airport over the next 10 years, according to a statement from Vermont's congressional delegation. [Read More]

Columbus Ledger-Enquirer (Georgia) - Exide Technologies to create 200 jobs in Columbus
Exide Technologies, a Milton, Ga.-based lead-acid battery manufacturer, has won a $34.3 million federal grant that will allow the company to add up to 200 jobs at its Columbus facility.

The grant stems from the American Recovery and Reinvestment Act of 2009, which is providing $2.4 billion in funds for new advanced battery and electric drive projects.

Company officials said they think the investment will create production capacity of about 1.5 million batteries and add 320 jobs -- about 120 at its transportation manufacturing facility in Bristol, Tenn., and 200 at its Columbus operation. [Read More]

Other Headlines