Time magazine published an article, "
How the Stimulus Is Changing America," about the positive effects of the American Recovery and Reinvestment Act of 2009, and noted the success of its "green" components.
Here the article mentions an entrepreneur who benefited from the $787 billion stimulus package:
The green industrial revolution begins with gee-whiz companies like A123 Systems of Watertown, Mass. Founded in 2001 by MIT nanotechnology geeks who landed a $100,000 federal grant, A123 grew into a global player in the lithium-ion battery market, with 1,800 employees and five factories in China. It has won $249 million to build two plants in Michigan, where it will help supply the first generation of mass-market electric cars. At least four of A123's suppliers received stimulus money too. The Administration is also financing three of the world's first electric-car plants, including a $529 million loan to help Fisker Automotive reopen a shuttered General Motors factory in Delaware (Biden's home state) to build sedans powered by A123 batteries. Another A123 customer, Navistar, got cash to build electric trucks in Indiana. And since electric vehicles need juice, the stimulus will also boost the number of U.S. battery-charging stations by 3,200%.
"Without government, there's no way we would've done this in the U.S.," A123 chief technology officer Bart Riley told TIME. "But now you're going to see the industry reach critical mass here."
Note, Mr. Riley points out that his business depended on government assistance. Fine, but let's keep that in mind when Republicans tell us that all we need is an "free market," unfettered by the government.
The article goes on:
That's why the Recovery Act is funding dozens of smart-grid approaches. For instance, A123 is providing truckloads of batteries for a grid-storage project in California and recycled electric-car batteries for a similar effort in Detroit. "If we can show the utilities this stuff works," says Riley, "it will take off on its own."
Stimulus money is being used for other worthwhile purposes as well:
The Recovery Act is weatherizing 250,000 homes this year. It gave homeowners rebates for energy-efficient appliances, much as the Cash for Clunkers program subsidized fuel-efficient cars. It's retrofitting juice-sucking server farms, factories and power plants; financing research into superefficient lighting, windows and machinery; and funneling billions into state and local efficiency efforts. (See TIME's special report "Obama's Agenda: Get America Back on Track.")
It will also retrofit 3 in 4 federal buildings. The U.S. government is the nation's largest energy consumer, so this will save big money while boosting demand for geothermal heat pumps, LED lighting and other energy-saving products. "We're so huge, we make markets," says Bob Peck, the General Services Administration's public-buildings commissioner. GSA's 93-year-old headquarters, now featuring clunky window air conditioners and wires duct-taped to ceilings, will get energy optimized heating, cooling and lighting systems, glass facades with solar membranes and a green roof; the makeover should cut its energy use 55%. It might even beta-test stimulus-funded windows that harvest sunlight. "We'll be the proving ground for innovation in the building industry," Peck says. "It all starts with renovating the government."
With an open mind, and a little courage, we could transform this country into a place that offers broad prosperity, and a healthy future for the planet. But, it's the open mind and courage part that I worry about.
Read the whole article, maybe it'll inspire you. Or, maybe you're already too poisoned by toxic rhetoric from the frightened right...
