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post #1 of 1 (permalink) Old 12-01-2010, 06:14 AM Thread Starter
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Default What Has WEM News Room has to say About Go Green Grants

According to WEM news room it has been a great issue that whether Congress will come forward with the US grant program for the purpose of renewable energy projects to come to life and be immensely successful. Due to insufficient funding there are chances that these projects may be essentially hampered and would take more time to become a reality. However, the law makers have been requested in writing to extend the period of the projects so that something concrete may happen after the decision has been taken.

WEM news room says that all Biomass Power Association, American Wind Energy Association, Geothermal Energy Association and Solar Energy Industries Association have done their part by submitting letters so as to save hundreds and thousands of energy related jobs. These associations are of the opinion that once the tenure of the grants are extended, the projects will take time to come to life and thus not many people will lose their jobs as the go green mission will eventually slow down in renewable-energy industries.

An amount of $5.4 billion has been granted for 1,387 promising projects all of which are extremely lucrative and yielding in the long run. WEM news room have captured the opinions of several experts who are doubtful that to what level the grants will be extended as the Republicans coming to power all of a sudden. However, there are lots of controversies regarding the extension of the grant tenures. The mission of go green will fully come to life one day though it may give a severe blow to the jobs in renewable energy industries.
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