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US government gambles $67 billion in clean energy
July 05, 2009
from RenewableEnergyWorld.com
In just five months, the U.S. government has gone from being a casual supporter of renewable energy to the one of world’s biggest investors in the space. Now the private sector is trying to figure out what role it will play in this new era of government involvement.
President Obama’s $67 billion stimulus package for renewable energy and energy efficiency made America one of the world’s biggest backers of clean energy. Billions of dollars have been set aside for a grant program, loan guarantees and R&D. But will the government be nimble enough to deploy the funds efficiently?
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