Obama administration fast-tracks renewable energy projects

With financial markets still too slow to make loans, the Obama administration announced today it would begin distributing $3 billion dollars in direct payments to companies with renewable energy projects already planned. The payments, which will go to an estimated 5,000 renewable energy production projects, are in lieu of tax credits previously offered. “As we move quickly to get our economy back on track and to repair the financial system, we must make investments that lay the foundation fo

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