Government’s Role in Cleantech
The Obama Administration and Congress should be praised for their desire to expand clean technology, but many of their efforts have been largely wasted on ineffective government programs. Right now, they have a unique opportunity to apply valuable lessons of the 2009 stimulus bill to a jobs bill. The stimulus bill allocated approximately $100 billion to 40 different cleantech programs, and one year later, it is very clear which funds had the most impact on the sector. Given the benefit of hindsight, it is disturbing that Congress is attempting to throw more money at the least successful programs.
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Government’s Role in Cleantech