GreenBiz reports that the big winners in the American Recovery Act's support of a green economy will be clean energy businesses/investments (solar, wind, geothermal, biomass, smart grid), green building and energy efficiency. Highlights from this article:
- $94 billion in green funding
- Rules are complicated to access and understand
- Funding available in the form of tax credits, federal rebates and loan guarantees
- More changes coming in the next year to program structures and the stimulus bill
My advice, stay in communications with your state and federal legislators to keep abreast of opportunities and raise their awareness of your organization. Check out www.recovery.org for a map of where stimulus dollars are being spent today.