A $5 billion stimulus program to weatherize homes is off to a shaky start. ABC News reports that at the end of 2009, only 9,100 have been weatherized to save energy through the American Reinvestment and Recovery Act. $522 million of the $5 billion has been spent thus far, which equates to over $57,000 per home. That’s quite a slow for a stimulus bill that was supposed to be timely and effective; the goal of the plan was to cover 593,000 homes from the passage of the stimulus bill through …
Proponents of the $787 billion economic stimulus package said it would be quick and effective. It’s turning out to be neither. And the transformation to a new green revolution is off to a shaky start. One of the largest chunks of money from the federal spending is the $25 billion allocated for energy-efficiency. The Washington Post’s Alec MacGillis wrote, “If the New Deal was focused on building new things — schools, courthouses, libraries — then the stimulus is to a great degree focused on retrofitting what’s already there. The $25 …
