President Obama’s stimulus package is funding green technology around the nation – creating jobs, spurring innovation and quietly transforming the U.S. economy.
A portion of last year’s Recovery Act went towards fulfilling a campaign pledge: 1 million electric cars on U.S. highways by 2015. To that end, $2.4 billion was intended to jump start an entire industry geared toward the production of lighter, more energy-dense lithium-ion batteries to power the next generation of vehicles.
But Stimulus investments in green technology aren’t just about electric cars.
(READ the report by Dan Heffernan in Reuters)