FACTBOX-Global green stimulus plans

Thu Feb 5, 2009 4:27pm GMT

(Adds Germany)
 Feb 5 (Reuters) - The United States, Europe and other
nations will spend about $100 billion on projects over the next
two to three years to fight climate change under wider economic
stimulus plans.
 For a full story [ID:nLT312374].
 Many figures are estimates, as plans await approval. Details
follow.
 Sources -- Reuters, New Energy Finance, whitehouse.gov
 
 UNITED STATES
 Renewable energy tax credits               -- $30 bln
 Water infrastructure and technologies      -- $20 bln
 Smart grid                                 -- $11 bln
 Renewable energy loan guarantees           --  $8 bln
 Efficiency upgrades for federal buildings  --  $6 bln
 Local govt efficiency grants               --  $5 bln
 Home "weatherisation"                      --  $3 bln
 Clean coal, carbon capture                 --  $3 bln
 Energy efficiency research                 --  $2 bln
 Advanced batteries loans and grants        --  $2 bln
 Efficiency housing retrofits               --  $2 bln
 Efficiency grants for institutions         --  $1.5 bln
 
 Other proposals
 Create a new $7,000 tax credit for purchasing advanced
vehicles. 
 
 CANADA
 C$1 billion to boost sustainable energy
 
 EUROPEAN UNION proposals from executive EU Commission
 3.5 billion euros ($4.48 billion) on energy projects,
including low-carbon alternatives.
 
 GERMANY (additional to EU)
 1.5 billion euros to replace old cars
 
 BRITAIN (additional to EU)
 535 million pounds ($782.4 million) on energy efficiency and
rail transport
 




Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.