January 8th, 2010
03:43 PM ET
4 years ago

Obama unveils $2.3 billion for clean energy jobs

NEW YORK (CNNMoney.com) - President Obama unveiled a program Friday that will provide $2.3 billion in tax credits for the clean energy manufacturing sector, a move aimed at creating 17,000 jobs.

The funding, which comes from the $787 billion American Reinvestment and Recovery Act, has been awarded to 183 projects in 43 states, the White House announced.

"If we harness ingenuity, take the talent of our workers and innovators, and we invest in it, we'll forge a future where life is better in our country over the long run," Obama said.

The projects selected must be commissioned by February 2013, and the government expects about one-third of those will be completed this year. The program provides a 30% tax credit for those projects.

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Filed under: CNNMoney.com • Energy • President Obama
soundoff (85 Responses)
  1. ib

    Another waste of money on an unproven theory that even Obama doesn't believe in; if he did he would park AF1 for at least a week. By the way the wind chill was 5 to 0 degrees where I live at today. If this is global warming then please send me some global freezing.

    January 8, 2010 07:14 pm at 7:14 pm |
  2. Right Leaning Independent

    Bush helped his oil friends and Obama helps his Alternative Energy friends.... Same old..Same old...

    January 8, 2010 07:16 pm at 7:16 pm |
  3. Albert K. L.A., CA

    Ending oil dependency will cure the climate change problem, create jobs building the sustainable energy systems and end the danger of handing the worlds wealth over to the Middle East,, but as long as the Republican Party keeps supporting politicians from oil states like Texas and Alaska all we will hear is more crying from them and stories about how oil is our friend.

    January 8, 2010 07:24 pm at 7:24 pm |
  4. welches, oregon

    Hey Obama – my federal taxes went up this year – no raise, no bonus, rising insurance premiums, rising taxes – now I take home less then even before but I am expected to work twice as hard. It's so discouraing.

    January 8, 2010 07:29 pm at 7:29 pm |
  5. usualone

    What are you naysayers going to do when the President's plan works? You can only criticize, and I'm sure you have no idea how to help out our country, as if you want to do so. In fact you want this President to fail with your ugly comments. I wonder of any of those 17,000 who will get jobs are among your breed. It would be interesting if some of you are those getting those jobs. You show no respect for anyone and are showing your worthlessness with your cruel comments.

    January 8, 2010 08:03 pm at 8:03 pm |
  6. Orange Curtain, CA

    Let's do this thing! Get it done Obama. American power, stop importing oil and start using renewable energy for the future. Never have to worry about a lack of wind or sun. Big Oil take a back seat.

    January 8, 2010 08:06 pm at 8:06 pm |
  7. Obama unveilS... .

    Just what does ""unveil" mean, Libs? PLEASE SHARE/1

    January 8, 2010 08:23 pm at 8:23 pm |
  8. vwrtb

    We need more strong union jobs! Rebuild the middle class and live as well as our parents did...!

    January 8, 2010 08:28 pm at 8:28 pm |
  9. TransparentAsMud

    Seeing how over 4 million people have lost their jobs during this administration's first year, I have to confess that it is good to hear about any plan to create jobs.
    Unlike the stimulus packages however, can these jobs be created much sooner? So far, there hasn't been any evidence of any jobs creation due to the increasing number of unemployed and the employment rate remaining steady at 10%.
    If there could be a way of getting rid of so much of this bureaucracy that is impeding the funding for jobs creation that the stimulus packages were intended to create, I believe that more of us, regardless of party affiliation, would have more faith in the government.
    I'm not saying I'm right or wrong, but my feelings are simply that there have been so many "creations" of "Packages" and "Acts" that have not produced results that it just makes it easier to find fault.
    Even more depressing is that while all this is taking place, neither the administration or Press Secretary Gibbs, is displaying any transparency as promised on the campaign trail. Gibbs spends the majority of every White House briefing insulting reporters, smirking, and avoiding questions. His daily display of arrogance and lies only adds to the administration's difficulty with being trusted.
    It also makes it harder for the government to be trusted when government officials are not paying taxes, claiming that security is "okay" when attacks are committed, and more Americans are put on trial from this war than terrorists are. Fire the Press Secretary, the Head of Homeland Security, and that tax evading Geitner, and instantly you will see trust increase since accountability is put into action instead of just being mentioned.

    January 8, 2010 08:29 pm at 8:29 pm |
  10. HAWK IN TEXAS

    Can you people not read? he is not giving money away. he is giving it in tax breaks. i thought that what all you republicans have been screaming for.where were you when bush gave away billions in real dollars to his rich buddies. hypocrits.

    January 8, 2010 08:43 pm at 8:43 pm |
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