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feb 17, 2009 - Recovery and Reinvestment Act

Description:

Roughly a month after his inauguration, President Obama signed the American Recovery and Reinvestment Act. It allocated $3.5 billion towards renewable energy projects, $11.3 billion to energy efficiency and conservation programs, and $2 billion to battery development. It also included money for modernizing the electrical grid and loan guarantees for renewable energy technologies. (ProCon.org)

Added to timeline:

7 Dec 2019
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Date:

feb 17, 2009
Now
~ 16 years ago