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| Issue: 2 Volume: 2 |
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Global Economy $3.2B Available in Block Grants for Local Energy Efficiency UpgradesFurther energy efficiency project funds from the U.S. government's stimulus package have been released recently by the Obama administration in the form of $3.2 billion in block grants. Of the $3.2 billion in block grant funds, $1.9 billion is to go to cities and counties; $770 million goes to states, which administer the money for counties and cities not large enough to directly receive DOE funding; and tribal governments get more than $54 million. The remaining $456 million is for local energy efficiency projects that will be funded on a competitive basis in solicitation that will be made later. India emerges as third largest market in low-carbon and green goods & servicesAn UN agency has warned food prices may increase up to 30 - 35 per cent within the next ten years, forcing those living in extreme poverty to spend 90 per cent of their income on it. A social solution, without going the nonprofit routeSam Goldman co-founded a company D.light with the mission to replace millions of kerosene lamps now used in poor, rural parts of the world with solar-powered lamps. |
