Posts Tagged ‘investments’
The green revolution in the US is coming, and the current green investments will transform the country for ever.
The green revolution in the US is coming, and the current green investments will transform the country for ever.
Article by Jon Stromberg
The Recovery Act is the most ambitious energy legislation ever to be drawn up in the history of the US. It has converted the Energy Department into the largest venture-capital fund in the world. It is a monumental effort to derive something good from the crisis, by making green energy, green transportation and green building real. As a result of the act, no less than billion has been spent on green investments, including on a smart grid, electric cars, cleaner coal, solar, wind and geothermal power, and biofuels. The number of smart electric meters in private homes will triple, and the number of hybrids in the federal fleet will quadruple. billion is being spent to weatherize homes, and this part of the stimulus program has got a lot of attention. All in all, the Recovery Act represents the first major steps taken by the US to a low-carbon economy, and marks the beginning of the green revolution in the US. For further information on green invesments, click here
Investment in green companies is now deeply rooted in government policy. The green industrial revolution includes companies such as A123 Systems. It was founded in 2001 on a 0,000 federal grant, and now is a global player in the all important lithium battery market. Recently, it won 9 million to construct two factories in Michigan. The batteries produced will supply the first generation of mass-market produced electric cars. Three of the world’s first electric-car plants are also being heavily financed too. Fisker Automotive has received a 9 million loan to reopen a General Motors factory in Delaware in order to manufacture battery powered sedans.
Green energy investments – The US deep South set to be the leader in the new green economy
Green energy investments – The US deep South set to be the leader in the new green economy
The Recovery Act is the most ambitious energy legislation ever to be drawn up in the history of the US. It has converted the Energy Department into the largest venture-capital fund in the world. It is a monumental effort to derive something good from the crisis, by making green energy, green transportation and green building real. As a result of the act, no less than billion has been spent on green investments, including on a smart grid, electric cars, cleaner coal, solar, wind and geothermal power, and biofuels. The number of smart electric meters in private homes will triple, and the number of hybrids in the federal fleet will quadruple. billion is being spent to weatherize homes, and this part of the stimulus program has got a lot of attention. All in all, the Recovery Act represents the first major steps taken by the US to a low-carbon economy, and marks the beginning of the green revolution in the US. <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link']);” href=”/popular-affordable-green-investment/”>For further information on green invesments, click here</a>
Investment in green companies is now deeply rooted in government policy. The green industrial revolution includes companies such as A123 Systems. It was founded in 2001 on a 0,000 federal grant, and now is a global player in the all important lithium battery market. Recently, it won 9 million to construct two factories in Michigan. The batteries produced will supply the first generation of mass-market produced electric cars. Three of the world’s first electric-car plants are also being heavily financed too. Fisker Automotive has received a 9 million loan to reopen a General Motors factory in Delaware in order to manufacture battery powered sedans.