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Environment

The Stimulus: A Down Payment on a Green Future

By Van Jones, Huffington Post. Posted February 18, 2009.


The 'green' money in the stimulus package is a down payment on a clean, green economy that will serve both the people and the planet.
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Pretty soon, Kermit the Frog is going to need a new song to sing. I'm not saying it's easy being green. But it's getting easier.

As part of the $787 billion stimulus package that President Obama just signed, the federal government will be investing about $60 billion in clean energy, environmental projects, and scientific research.

Gene Karpinski, head of the League of Conservation Voters, calls it "by far the biggest investment in new green technologies that we've ever seen from the federal government."

This is a huge step forward for America. The twin crises of economic collapse and ecological devastation have proven that the old, pollution-based economy has failed both the people and the planet. The 'green' money in the stimulus package is a down payment on a clean, green economy that will serve both the people and the planet.

Check out some of the details:

  • $11 billion for the creation of a smart energy grid
  • $8.4 billion for public transit
  • $6.3 billion for state and local energy efficiency grants
  • $6 billion for the cleanup of contaminated Department of Defense sites
  • $4.5 billion to green federal buildings
  • $1.2 billion for the EPA's cleanup programs


Plus, the final version of the bill eliminates the loan guarantees the Senate had included for nuclear and so-called clean coal technology development -- false environmental 'solutions' that would have made matters worse, not better.

It's an especially exciting moment for me and my colleagues at Green For All, the Apollo Alliance, the Workforce Alliance and the Ella Baker Center for Human Rights. The stimulus includes $500 million for green jobs training -- funding we've been trying to get for two years. That means that the recovery package won't just stimulate the green economy. It will also make sure that the green economy includes pathways out of poverty for low-income people and people of color.

If only the billions that went to tax cuts had been used for even more green investments! Then Kermit would have had to completely rewrite that song.


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See more stories tagged with: energy, green economy, van jones, green jobs, stimulus, green for all

Van Jones is executive director of the Ella Baker Center for Human Rights in Oakland, California.

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What would Wes Jackson do if he were Prez?
Posted by: YERTMark on Feb 18, 2009 3:34 PM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
For all the wonderful green-ness of the bailout, we still have quite a ways to go. We need to fundamentally change the way we measure success so that economic success doesn't equal environmental devastation-- Wes Jackson mentions this issue in his own brief version of the inaugural address, particularly relevant to this discussion of a "green bailout." Take a look...

Wes as President
http://www.youtube.com/watch?v=GDSn-bDyvdA

Peace,
Mark from YERT

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The Stimulus. A down payment on a green future
Posted by: Ron Robins on Feb 19, 2009 9:29 AM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
Yes, with massive green energy and infrastructure development also means huge sums being spent on the products and services of green companies. Stocks of these companies could benefit significantly.

For anyone interested in green and socially responsible investing, I have one of the most popular sites on the web on the subject. It also covers the latest related global news and research too. It's at www.investingforthesoul.com

Best wishes, Ron Robins

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Just a Thought
Posted by: hilly7 on Feb 24, 2009 4:27 PM   
Current rating: 1    [1 = poor; 5 = excellent]
Could this possibly be the same bullshit that Argentine experienced in 2001 when they lost their freedom? Watch the video.

This is the tanking of the dollar. Nothing more, nothing less.

[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]

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