Sunday, November 8, 2015

Obama's Recovery Act's Energy Program saved $5.2 billion, and created 62,902 jobs.

If American wants to lead, why not in clean energy, it's a no brainer. And yet, the facts below won't mean anything to anti-environment, anti-government, anti-American, anti-job creating freeloaders who are happy with fossil fuels. Republicans are still saying the Recovery Act was a failure:
This document presents findings from an evaluation of the Energy Efficiency and Conservation Block Grant (EECBG) Program ...
 from 2009 to 2015. It was funded by the American Reinvestment and Recovery Act (ARRA or Recovery Act) and was a one-time program.

Labor impacts ... EECBG produced a net total job gain of 62,902 job years for the BPAs studied. 

EECBG saved $1.7 billion in social costs of carbon due to energy savings alone and an additional $62 million in social costs avoided from displaced energy as a result of renewable generation. 

Bill Savings and cost-effectiveness ... produced $5.2 billion of total cumulative savings on energy bills, 70% of which were realized by residential consumers, 29% in the public institutional sector, and 1% the commercial and industrial sectors. 
Here are some graphs:

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