March 11, 2009
Tremendous Support for Renewable Energy and Efficiency in the Stimulus Law
Arnold & Porter Advisory
The stimulus bill signed by President Obama on February 17, 2009, known officially as the American Recovery and Reinvestment Act of 2009 (the Stimulus Law), contains unprecedented federal government support for energy initiatives, in particular renewable energy projects, energy efficiency, electricity delivery, and technological innovation. The numbers relating to specific initiatives are staggering, compared to prior programs.