Reuters is reporting a house committe will approve $25 billion for energy projects as part of the $825 billion stimulus package (they now call it "economic recovery":The package would also promote the development of so called smart power grid technology to support alternative energy use, plug-in hybrid vehicles and boost energy efficiency. Under the legislation, the government also would provide financial assistance of up to 50 percent of the costs for advanced grid technology necessary for certain electric utilities developing smart grid demonstration projects.Joe Barton of Texas, ranking minority member criticized the proposal for short changing funding for carbon capture and storage capacity, clean coal development, and for ignoring nuclear energy.
This child thinks the whole thing is a waste. Congress will jump on any "emergency" to spend more money.
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