Color of Money
Very few of the stimulus dollars allocated for energy efficiency -- and the green jobs they can create -- have been allocated or spent by governments. At first this might seem a bit discouraging. But Green for All, a national advocacy and action agency focused on energy efficiency and green jobs, has highlighted local stimulus spending in a recent report.
Very few of the stimulus dollars allocated for energy efficiency -- and the green jobs they can create -- have been allocated or spent by governments. At first this might seem a bit discouraging. Lots of money allocated but caught up in the bureaucracy of federal, state, and local governments. However, a look at green stimulus funding in the Northwest is more encouraging, with some cities and local agencies starting their work off on the right foot.
A recent report by London-based New Energy Finance has found that less than 10 percent of green stimulus money allocated worldwide has actually been spent by governments this year. That’s about $177 billion spent so far on supporting energy efficiencies, renewable energy and green jobs out of more than a trillion available. (The report found that the United States government has spent about 12 percent of its stimulus allocation thus far or about $7.92 billion dollars.)
Green for All, a national advocacy and action agency focused on energy efficiency and green jobs, has highlighted local stimulus spending in a recent report. Accompanying the report is this chart in which Oregon and Washington feature prominently.
