Greenpeace commissioned ICF International to analyze the Obama Administration’s proposed American Recovery and Reinvestment Bill of 2009 (H.R.1) debated and passed by the House of Representatives in January.
Executive summary: Greenpeace concludes from ICF’s analysis that the energy provisions of the stimulous package would have a net positive global warming impact, reducing greenhouse gas emissions by at least 61.5 million metric tons of carbon dioxide per year. Spending money immediately on energy efficiency upgrades to homes and buildings is the most efficient use of stimulus money to solve global warming and create green jobs and reduce energy bills. Provisions like renewable energy loan guarantees will likewise provide good green jobs and long term climate benefits.
Num. pages: 2
