Stimulus Bill Funds Still Not Reaching Cleantech

Stimulus Bill Funds Still Not Reaching Cleantech

The stimulus has had an underwhelming impact on the cleantech sector. Very little of the $36.7b of The American Reinvestment and Recovery Act (ARRA) allocated $36.7b to the Department of Energy (DOE) has gone to cleantech. Nuclear waste cleanup projects and state governments have received most of the money to date. Cleantech funding has been negatively impacted by delays at the state level and states reallocateing funds to address shortfalls in state budgets.