The Best Alternative Energy Stocks Out There

Spending a Lot of Green

In February, the president signed the American Recovery and Reinvestment Act into law. The bill included more than $70 billion in direct spending
and tax credits for clean energy and transportation programs, including:

• $2 billion in grants for advanced batteries used to power electric vehicles
• $4.5 billion to make federal buildings more energy efficient
• $6 billion in subsidized loans for renewable energy projects
• $6.3 billion in state energy efficiency grants
• $11 billion toward smart grid spending
• $20 billion in tax incentives and credits for renewable energy and plug-in hybrids

Next: The Greening of the Rules