Stimulus and Renewable Energy Recovery Bill

   

The $790 billion American Recovery and Reinvestment Act of 2009 recently signed into law by President Obama contains substantial tax and spending provisions for the renewable energy industry, and has been met with enthusiasm by the industry and sustainable investors alike.  

The Solar Energy Industries Association estimates that solar energy provisions in the stimulus will help create a total of 110,000 jobs over the next two years. Michael Eckhart, founder of ACORE noted the significant effect on investment in green technologies as well as the expansion of the Investment Tax Credit  on renewable facility expenditures. In his speech on February 24, President Obama made  his “green energy” investment commitment clear despite the economic crisis. He said: "We have known for decades that our survival depends on finding new sources of energy, yet we import more oil today than ever before, We know the country that harnesses the power of clean, renewable energy will lead the 21st century. Thanks to our recovery plan, we will double this nation's supply of renewable energy in the next three years."

The Environmental Protection Agency is regulating greenhouse gas emissions and supports this sustainable investment. A large segment of the funding is being channeled into large photo-voltaic corporations but there are still numerous opportunities in the growing  field of solar thermal energy technology

What are the advantages of solar thermal energy technology?
How does solar thermal energy work?
Do you need a PHD to get involved with solar heating applications?
Can you learn how to make a solar collector?
Is solar thermal energy possible or practical in a cold climate?
What will an energy independent house of the future look like?
How are solar greenhouses built in Canada?

 

 


 

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