Tuesday, December 9, 2008

Stimulus plan: Good news for "green" technology

Based on the report from The Wall Street Journal, green-technology advocates estimate that among President-elect Barack Obama’s $500 billion stimulus plan,the green component could be $50 billion or 10 % of the overall package for the complex green infrastructure initiatives -- such as building renewable energy plants, improving the electrical grid and installing "smart" meters that allow consumers to reap benefits from using electricity at off-peak hours. This would take effect well into the second year.

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