del.icio.us
Digg It!
E-Mail to a Friend
Printable Version
Comments
The ink was barely dry on the massive federal stimulus package signed by President Obama in Denver in February when the New Mexico State Legislature began pushing a measure intended to attract nearly half of the money just appropriated by the U.S. Congress for renewable energy projects nationwide.
Ill-fated beyond the state's borders, the measure nonetheless reflected the competitive scramble likely to follow the $787-billion American Recovery and Reinvestment Act. Renewable energy and so-called green initiatives are only a fraction of the bulging stimulus package that President Obama envisions creating or protecting 3.5 million jobs over the next two years. As part of it, he calls for a doubling of the amount of renewable energy produced in this country during the next three years.
People in the industry, indeed, appear to be gearing up for a new era in energy development.
To read the rest of the story, access the complete May issue, and get access to all digital archives, click here