Re-Building U.S. Economy with Green-Building
By Brian Coppa on September 29, 2009
U.S. Department of Energy (DOE) Secretary Steven Chu announced last week that more than $106 million in stimulus funding is being awarded to nine states for energy efficiency and conservation activities. Under the DOE’s Energy Efficiency and Conservation Block Grant (EECBG) program, these states will implement programs that lower energy consumption, reduce carbon emissions, and create green jobs at the local level. The advantage of energy efficiency measures is that they are stimulative in rebuilding the U.S economy, as desired, since many pre-existing technologies and products may be administered to generate cost-savings, while leading to immediate job creation in the process, as opposed to research and development funding, which is also necessary, yet more critical for achieving long-term economic growth after a recovery.
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