ENERGY AND NATURAL RESOURCES: The Stimulus Package and Its Impact

    View Authors 13 February 2009

    To provide a sense of the overall stimulus package's funding levels, we have prepared a general overview of the bill by subject area. Please note that this is a general overview of funding levels only, and does not report on every aspect of the bill. For a detailed analysis on any subject matter and the process for securing these federal dollars, please contact the Patton Boggs professionals listed below for each respective subject area.

    ENERGY AND NATURAL RESOURCES

    • $3.4 billion for Fossil Energy research and development.
    • $6 billion for new loan guarantees aimed at standard renewable projects such as wind or solar projects and for electricity transmission projects.
    • $11 billion for electrical grid projects, of which $4.5 billion is for implementing "smart grid" technologies.
    • $5 billion for Weatherization Assistance Program to make low-income housing more energy efficient.
    • $2 billion in grant funding for the manufacturing of advanced batteries systems and components and vehicle batteries that are produced in the United States.
    • $3.2 billion for the Energy Efficient and Conservation Block Grants (EECBG) program:
      • $2.8 billion available by statutory formula
      • $400 million awarded competitively.
    • $3.1 billion for the State Energy Program.
    • $2.5 billion for Energy Efficiency and Renewable Energy (EERE) related research:
      • At least $800 million is dedicated for biomass and $400 million for geothermal.
      • $50 million for efficiency of information and communications technology and improve to standards.
    • $300 million for the Alternative Fueled Vehicles Pilot Grant Program.
    • $400 million for transportation electrification.
    • $300 million for Energy Efficient Appliance Rebates Program and Energy Star Program.
    • $250 million for energy retrofitting and green investments in HUD-assisted housing projects.
    • $4.5 billion for repair of federal buildings to increase energy efficiency using green technology.
    • $300 million for Rapid Technology transition and demonstration of energy efficiency technologies at the Department of Defense.
    • $120 million for the Department of Defense for the Defense-wide Energy Conservation Investment Program.