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The House and Senate have made a tentative deal on the stimulus bill, and plan to vote on a compromise version of the package tomorrow. At $789 billion, the bill is some $40 billion leaner than either of the versions proposed by the two legislative bodies. […]

The House and Senate have made a tentative deal on the stimulus bill, and plan to vote on a compromise version of the package tomorrow. At $789 billion, the bill is some $40 billion leaner than either of the versions proposed by the two legislative bodies. Full details of the compromise bill have yet to emerge, but what has come out suggests that energy escaped the Congressional carving knife.

According to an AP report, lawmakers have allotted a total of $50 billion for energy programs in the compromise version, compared with $54 billion proposed in the House last month. If lawmakers and then President Obama give the green light to this version, production tax credits for wind energy will be extended through 2012, and for geothermal and marine energy through 2013. Below are more highlights — from BusinessWeek and the AP:

  • Weatherizing Homes: $6.4B
  • Smart Grid: $11B
  • Renewable Energy Loan Subsidies: $13.9B
  • State Energy Efficiency and Clean Energy Grants: $6.3B
  • Federal Building Efficiency Improvements: $4.5B
  • Plug-in Hybrid Tax Credit: Up to $7,500 per family
  • Advanced Research Project Agency for Energy: $400M
  • Tax Incentives for Renewable Energy and Energy Efficiency (over 10 years): $20B
  1. There could be no better investment in America than to invest in America becoming energy independent! We need to utilize everything in out power to reduce our dependence on foreign oil including using our own natural resources. Create cheap clean energy, new badly needed green jobs, and reduce our dependence on foreign oil. The high cost of fuel this past year seriously damaged our economy and society. The cost of fuel effects every facet of consumer goods from production to shipping costs. After a brief reprieve gas is inching back up. OPEC will continue to cut production until they achieve their desired 80-100. per barrel. If all gasoline cars, trucks, and SUV’s instead had plug-in electric drive trains, the amount of electricity needed to replace gasoline is about equal to the estimated wind energy potential of the state of North Dakota. There is a really good new book out by Jeff Wilson called The Manhattan Project of 2009 Energy Independence Now.

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  2. [...] companies do the same, says a new solar report from Greentech Media. GOVERNMENT & POLITICS Congress Spares Energy Spending, Credits, in Compromise Stimulus Bill The House and Senate have made a tentative deal on the stimulus bill, and plan to vote on a [...]

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  3. SOLD OUT BY DEMOCRATS! NO WONDER REPUBLICANS WHO ADDED THE E-VERIFY AMENDMENT, WOULDN’T VOTE FOR STIMULUS?

    Whats the earthly good of this Stimulus bill being passed for American workers, when we are forced to support millions of illegal aliens. The Democrats and special interest lobby conspired to kill the only tool we had against the invasion. The Republican E-Verify amendment was removed from the Stimulus package behind closed doors without debate. The mandatory Federal law with a 99.6 success rate would have halted illegal aliens stealing work from AMERICAN WORKERS. We can thank Speaker Pelosi and Senator Harry Reid for killing this law that made sense, when the whole logical idea of this Stimulus bill, was to get millions of unemployed legal workers a job.

    Tell the Democratic politicians what you think and demand E-Verify be made a mandate! Jam the Washington Switchboard with your angry voices: (202) 224-3121

    Other honest information at JUDICIALWATCH, NUMBERSUSA, AMERICANPATROL & CAPSWEB.

    COPY & PASTE! PASS THIS ON!

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