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Re: ordinarydude post# 106428

Tuesday, 08/31/2010 3:30:11 PM

Tuesday, August 31, 2010 3:30:11 PM

Post# of 482289
Investing in America's future


...Obama and Biden also saw a golden opportunity to address priorities; Biden recalls brainstorming with Obama about an all-in push for a smarter electrical grid that would reduce blackouts, promote renewables and give families more control over their energy diet: "We said, 'God, wouldn't it be wonderful? Why don't we invest $100 billion? Let's just go build it!' "

2.

The Recovery Act is the most ambitious energy legislation in history, converting the Energy Department into the world's largest venture-capital fund. It's pouring $90 billion into clean energy, including unprecedented investments in a smart grid; energy efficiency; electric cars; renewable power from the sun, wind and earth; cleaner coal; advanced biofuels; and factories to manufacture green stuff in the U.S. The act will also triple the number of smart electric meters in our homes, quadruple the number of hybrids in the federal auto fleet.

3.

The stimulus is also stocked with nonenergy game changers, like a tenfold increase in funding to expand access to broadband and an effort to sequence more than 2,300 complete human genomes — when only 34 were sequenced with all previous aid. There's $8 billion for a high-speed passenger rail network, the boldest federal transportation initiative since the interstate highways.

4.

There's $20 billion to move health records into the digital age, which should reduce redundant tests, dangerous drug interactions and errors caused by doctors with chicken-scratch handwriting.

5.

It takes time to set up new programs, but now money is flowing to deliver high-speed Internet to rural areas, spread successful quit-smoking programs and design the first high-speed rail link from Tampa to Orlando.

6.

Deep in the Energy Department's basement — in a room dubbed the dungeon — a former McKinsey & Co. partner named Matt Rogers has created a government version of Silicon Valley's Sand Hill Road, blasting billions of dollars into clean-energy projects through a slew of oversubscribed grant programs.

7.

The Administration is also financing three of the world's first electric-car plants, including a $529 million loan to help Fisker Automotive reopen a shuttered General Motors factory in Delaware (Biden's home state) to build sedans powered by A123 batteries. Another A123 customer, Navistar, got cash to build electric trucks in Indiana. And since electric vehicles need juice, the stimulus will also boost the number of U.S. battery-charging stations by 3,200%.

8.

Last year, exactly two U.S. factories made advanced batteries for electric vehicles. The stimulus will create 30 new ones, expanding U.S. production capacity from 1% of the global market to 20%, supporting half a million plug-ins and hybrids.

9.

After the credit crunch froze financing for green energy, stimulus cash has fueled a comeback, putting the U.S. on track to exceed Obama's goal of doubling renewable power by 2012. The wind industry added a record 10,000 megawatts in 2009.

10.

The stimulus is also supporting the nation's largest photovoltaic solar plant, in Florida, and what will be the world's two largest solar thermal plants, in Arizona and California, plus thousands of solar installations on homes and buildings.

11.

Funding the new pioneers — mad scientists and engineers....That last idea is the brainchild of MIT's Donald Sadoway, who already has a prototype fuel cell the size of a shot glass. The stimulus will help him create a kind of reverse aluminum smelter to make prototypes the size of a hockey puck and a pizza box. The ultimate goal is a commercial scale battery the size of a tractor trailer that could power an entire neighborhood. "We need radical breakthroughs, so we need radical experiments," Sadoway says. "These projects send chills down the spine of the carbon world. If a few of them work, [Venezuela's Hugo] Chávez and [Iran's Mahmoud] Ahmadinejad are out of power.

12.

The Recovery Act is weatherizing 250,000 homes this year... It's retrofitting juice-sucking server farms, factories and power plants; financing research into superefficient lighting, windows and machinery; and funneling billions into state and local efficiency efforts.

13.

It will also retrofit 3 in 4 federal buildings. The U.S. government is the nation's largest energy consumer, so this will save big money while boosting demand for geothermal heat pumps, LED lighting and other energy-saving products.

14.

The stimulus really is starting to change Washington — and not just the buildings. The earmark-free Recovery Act has produced surprisingly few scandals. Every contract and lobbying contact is posted at Recovery.gov, with quarterly data detailing where the money went. A Recovery Board was created to scrutinize every dollar, with help from every major agency's independent watchdog. And Biden has promised state and local officials answers to all stimulus questions within 24 hours. It's a test-drive for a new approach to government: more transparent, more focused on results than compliance, not just bigger but better.

Grunwald ends his story with this paragraph:

Obama has spent most of his first term trying to clean up messes — in the Gulf of Mexico, Iraq and Afghanistan, on Wall Street and Main Street — but the details in the stimulus plan are his real down payment on change. The question is which changes will last.... and would they survive a Republican Congress?

Very good question, i'd say. Again, this feature can not be recommended enough. Do your souls a real favor and go read it.
*
And if that's not enough, you should check Dan Froomkin's list of 11 really cool Recovery Act projects.

3 examples:

Helping Wounded Warriors.
$100 million in Recovery Act funds to construct two complexes for the Warrior Transition program, which helps ill and injured soldiers recover and return to duty or to their communities. One of the two stimulus-funded projects is in Fort Bliss, Texas.

Bringing Manufacturing Jobs Back From China
Supported by $24.8 million in Recovery Act tax credits for advanced energy manufacturing, General Electric is investing $600 million in its Louisville, Ky. Appliance Park facility to expand manufacturing. That includes bringing back from China the processing of pedestals used for front-loading washers and dryers --
the first time GE has "in-sourced" a product

3.

Another Tunnel Under The Oakland Hills

The California Department of Transportation is using $197.5 million in stimulus funds to add two lanes to the Caldecott Tunnel, which connects the Contra Costa suburbs to the city of Oakland through the Oakland Hills. Workers began tunneling a fourth bore for the tunnel in early August.


http://www.dailykos.com/storyonly/2010/8/27/896633/-Change-HAS-come-to-Washington
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