Comparing Approved House Stimulus With Apollo Recovery Act

– Total Investment: $550 billion over two years

– Clean Energy/Green-Collar Jobs Investment: $114.5 billion

-- Will save or create 3.7 million jobs

- At least $13 billion in loan guarantees, which will leverage $85 billion in loans.

- $2.2 billion for brownfield remediation.

- $21.7 billion for land and water conservation.

- $3.9 billion for research that could lead to development of new clean technologies.

- $17.6 billion for Pell grants that could support students in the sciences and engineering.

- $4.6 billion in job training funds that could be directed towards green-collar jobs.)

– Will create or retain almost 2 million jobs

Energy Efficiency

Weatherization

• $6.0 billion for increasing energy efficiency and conservation in federal buildings.
• $3.5 billion in Energy Efficiency and Conservation Block Grants to help state and local governments make investments that make them more energy efficient and reduce carbon emissions.
• $3.4 billion for State Energy Programs, to support residential, commercial, and governmental retrofits.
• $500 million in loan guarantees to help institutions implement sustainable energy infrastructure projects. It is estimated that this will support $5 billion in loans.
• $2.5 billion for a new program to upgrade HUD sponsored low-income housing to increase energy efficiency, including new insulation, windows, and furnaces.
• $1.5 billion for energy sustainability and efficiency grants and loans to help school districts, institutes of higher education, local governments, and municipal utilities implement projects that will make them more energy efficient.
• $5 billion to HUD for public housing building repair and modernization, including critical safety repairs.
• $1.5 billion to the HOME Program to help local communities build and rehabilitate low-income housing using green technologies.
• $500 million to rehabilitate and improve energy efficiency at some of the over 42,000 housing units maintained by Native American housing programs.
• $10 million for rural, high-need areas to undertake projects using sustainable and energy-efficient building and rehabilitation practices.
• $20 billion for 21st Century Green High-Performance school construction, renovation, and modernization including energy efficiency improvements.
• $4.5 billion for renovation and energy efficiency improvements in Department of Defense facilities.
• $1.5 billion for renovation of NIH university-based research centers, with priority for upgrades that improve energy efficiency.
• $950 million for renovation of Veterans Affairs facilities including energy efficiency upgrades.

Total: $51.36 billion

• $6 billion for the Energy Efficiency and Conservation Block Grant (EECBG) Program;  $1 billion should be set aside to leverage private investment in programs focused on large-scale, multi-building retrofit projects that provide job opportunities in urban areas.

• $6.2 billion for the Weatherization Assistance Program to help low-income families reduce their energy costs by weatherizing their homes and make our country more energy efficient.
• $1 billion for LIHEAP to help low-income families pay for home heating and cooling at a time of rising energy costs.
• $300 million to provide consumers with rebates for buying energy efficient Energy Star products to replace old appliances.

Total: $7.5 billion

• $900 million to fully fund the Weatherization Assistance Program.

• $8 billion in loan guarantees for renewable energy power generation and transmission projects. Expected to leverage $80 billion in funding.
• $2 billion to DOE for research, development, demonstration, and deployment of renewable energy and energy efficiency technologies, including R&D for advanced batteries.
• Authorizes an additional $1.6 billion in Clean Renewable Energy Bonds (CREBS.)
• Extends the Production Tax Credit.
• Expands the tax credit for residential renewable energy projects.

• Fix the Production and Investment Tax Credits for the renewable energy industry by making them refundable through 2009 or by allowing credits to offset taxes paid over the previous ten years.

• $10.9 billion for research and development, pilot projects, and federal matching funds for the Smart Grid Investment Program to modernize the electricity grid.

• Invest $10 billion in upgrading the transmission grid to better connect consumers to renewable energy resources, improve reliability and efficiency, enhance emergency response and reduce the system’s vulnerability to natural disaster and attack.
• Invest $1 billion in “smart grid” and “smart metering” demonstration projects.

• $2.4 billion for carbon capture and sequestration technology demonstration projects.

• Invest $1 billion in carbon capture and storage demonstration projects.

• $1 billion for Capital Investment Grants for new commuter rail or other light rail systems.
• $2 billion to modernize existing transit systems, including renovations to stations, security systems, computers, equipment, structures, signals, and communications.
• $1.1 billion to improve the speed and capacity of intercity passenger rail service.
• Nadler amendment adds $3 billion for public transit

Total: $7.1 billion

• Invest $6 billion in ready-to-go public transit projects across the country.

• $150 million for ready-to-go investments to repair or remove bridges deemed hazardous.
• $15 billion for highway and bridge repair and resurfacing projects.
• $250 million to the Bureau of Indian Affairs for road, dam, and other infrastructure construction and maintenance projects.

Total: $15.4 billion

• Invest $8 billion to fix the bridges and roads that are crumbling across America.

• $1 billion for the Advanced Battery Loan Guarantee and Grants Program, to support U.S. manufacturers of advanced vehicle batteries and battery systems.
• $1 billion for the Advanced Vehicle Manufacturing Loan Program.
• $500 million to DOE for energy efficient manufacturing demonstration projects.
• 30% investment tax credit for facilities that manufacture advanced energy.

• $4 billion in loan guarantees to leverage $25 billion in loans for retooling and retraining, so that firms can transition to producing products and component parts for the clean energy and energy efficiency sectors; and for industrial efficiency upgrades such as combined heat & power systems.

• $30 million for the Manufacturing Extension Partnerships to help small and mid-size manufacturers compete globally by providing them with access to technology.

Total: $1.53 billion

• $200 million in the Manufacturing Extension Partnership network.

• $6 billion to purchase buses and equipment needed to increase public transportation and improve intermodal and transit facilities.
• $400 million to help state and local governments and transit authorities purchase efficient alternative fuel vehicles.
• $600 million to replace older fleet vehicles owned by the federal government with alternative fuel automobiles.
• $200 million for a new grant program to encourage electric vehicle technologies.
• $300 million for grants and loans to state and local governments for projects that reduce diesel emissions, including retrofits to emission exhaust systems on school buses and replacing engines and vehicles.
• Increases alternative fuel property tax credit for businesses to 50%.

Total: $7.5 billion

• $8 billion in incentives to cities and states to replace aging buses and rail cars with new American-made clean energy vehicles.

• $400 million is for the Advanced Research Project Agency.
• $350 million for research into using renewable energy to power weapons systems and military bases
• $100 million for scientific and technical research and services for NIST to coordinate research and set standards for green building, smart grid. and other energy efficiency technologies.
• Expands R&D tax credit to 20% for clean energy technologies.

Total: $850 million

• $2 billion for clean energy research and development funds to the Advanced Research Projects Agency for Energy (ARPA-E), allowing the agency to better address the nation’s most urgent energy needs through research and the rapid development of cutting-edge, transformational technologies.

• $70 million for the Technology Innovation Program to accelerate research in potentially revolutionary technologies with high job growth potential.

• $1 billion to establish a National Energy Innovation Fund to commercialize the most promising clean energy projects and technologies currently emerging from our nation’s laboratories.

• $600 million to NOAA for satellite development and acquisitions, including climate sensors and climate modeling.
• $400 million to NASA for climate change research.
• $200 million to the USGS to repair labs that do earth and climate change research.

Total: $1.2 billion

• $500 million for WIA training programs in renewable energy and energy efficiency defined in Green Jobs Act.
• $300 million to upgrade Job Corps training facilities serving at-risk youth to improve energy efficiency and provide career training.
• $100 million for worker training as part of the Smart Grid investment program.

Total: $900 million

• $250 million for the Green Jobs Act.

• $200 million to put approximately 16,000 additional AmeriCorps members to work doing national service, meeting needs of vulnerable populations and communities during the recession.
• $50 million for YouthBuild programs that rehabilitate affordable housing.

Total: $250 million

• $300 million to the Service and Conservation Corps program to create a “Clean Energy Service Corps”

• $100 million to the National Science Foundation to improve instruction in science, math and engineering.

Total: $100 million

• $250 million to immediately provide 25,000 Clean Energy Tomorrow annual scholarships, at $10,000 each, to help students, in these tough economic times, to pursue undergraduate degrees in science, math, or engineering.

• $17.6 billion for additional Pell Grants for low income students.
• Tax credits for higher educational expenses.

• $6 billion for broadband and wireless services in underserved areas to strengthen the economy and provide business and job opportunities in every section of America with benefits to e-commerce, education, and healthcare.

• $80 million to the Department of Labor to ensure that worker protection laws are enforced as recovery infrastructure and unemployment insurance investments are carried out.

• $250 million to for the Economic Development Assistance Program to address long-term economic distress in urban industrial cores and rural areas distributed based on need and ability to create jobs and attract private investment.
• $1 billion in Community Development Block Grants for community and economic development projects including housing and services for those hit hard by tough economic times.
• $500 million to the Bureau of Indian Affairs for road, school, and dam maintenance and construction projects.
• $2.1 billion in grants and loan guarantees for businesses and industry through the Rural Community Advancement Program.

• $426 million for new direct lending and loan guarantee authorities to make loans more attractive to lenders and free up capital.
• $100 million for Rural Business Enterprise Grants and loan guarantees, which will leverage $2 billion in loans for rural businesses.

• $79 billion for state fiscal stabilization