Thursday, August 12, 2010

The renewable energy tango ...

One step forward, two steps back.

Or what Congress giveth, Congress can taketh away.

$1.5 billion taken from federal renewable energy loan guarantees in order to save teachers' jobs.


Al speaketh another inconvenient truth:
"These rescissions put into jeopardy the green jobs that the administration has touted as part of our clean energy future and put us further behind the rest of the world."
A few more details:
"US President Barack Obama signed on Tuesday legislation that will provide various states with $26 billion of emergency funding to pay thousands of public sector workers. The H.R. 17586 bill has been approved by House of Representatives, while an identical version was passed by the Senate on August 5. The spending will be offset by a number of measures including a $1.5 billion cut in funding for renewable energy loan guarantees."

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