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Editorial: Energy transparency

03/02/2009
The US government has new plans to spend tens of billions of dollars on energy. Taxpayers deserve to know how much energy this investment yields.The American Recovery and Reinvestment Act of 2009 (ARRA) directs at least $65 billion to energy through 2019. Of that total, $22 billion is tax relief. President Barack Obama wants to spend $15 billion/year on wind and solar power, clean coal, advanced biofuels, and vehicle fuel efficiency. The outlays will add to existing spending programs targeting a wide range of energy sources and uses. In 2007, according to an Energy Information Administration study conducted that year, US tax expenditures on energy totaled $10.444 billion. Big items on EIA...
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