Monday, October 18, 2010

'Red China' Energy Jobs Play in House Races

A central renewable energy program in the stimulus package, or the American Recovery and Reinvestment Act, provides grants covering 30 percent of the cost of a power project. It replaced a similar program that provided that amount in tax credits, and is meant to spark construction by providing a payoff when the project begins generating electricity. By last April, the program had created about 51,600 construction and other short-term jobs and about 3,860 permanent jobs, all in the United States, Lawrence Berkeley National Laboratory estimated in a study earlier this year. It's not surprising to experts, however, that the stimulus program also strengthened foreign manufacturers of wind turbines and other equipment. That's because the United States doesn't make enough turbines -- affordably, at least -- to supply the growing industry. More>