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  • Section 1603 Treasury Grant Program

    $14 Billion in Stimulus Spending Generates Just 1.2 Percent of Electricity

    Despite more than $14 billion in cash payments to solar, wind, and other renewable energy project developers since 2009, just 48 terawatt hours of additional annual electricity generation were expected to be added through funds authorized by the stimulus, according to documents released by the Department of Treasury. The more … More

    Robbing Banks and Subsidizing Green Energy

    Do bank robbers stimulate economic growth? If you employ the logic used by the National Renewable Energy Laboratory (NREL) to assess the impact of the stimulus bill’s renewable-energy subsidies, the answer would be “yes.” The NREL recently issued a report on the economic impact of the Section 1603 Treasury Grant … More