The Economic Stimulus Law apparently contains the following funding for science and technology (More than $15 Billion):
$3 billion for the National Science Foundation, for basic research in fundamental science and engineering.A separate section of the Law entitled “Clean, Efficient, American Energy” includes:
$1.6 billion for the Department of Energy's Office of Science, which funds research in such areas as climate science, biofuels, high-energy physics, nuclear physics and fusion energy sciences.
$400 million for the Advanced Research Project Agency-Energy (ARPA-E) to support high-risk, high-payoff research into energy sources and energy efficiency in collaboration with industry.
$580 million for the National Institute of Standards and Technology, including the Technology Innovation Program and the Manufacturing Extension Partnership.
$8.5 billion for NIH, including expanding good jobs in biomedical research to study diseases such as Alzheimer's, Parkinson's, cancer, and heart disease.
$1 billion for NASA, including $400 million to put more scientists to work doing climate change research.
$1.5 billion for NIH to renovate university research facilities and help them compete for biomedical research grants.”
“Provides a total of $30 billion for such initiatives as a new, smart power grid, advanced battery technology, and energy efficiency measures, which will create nearly 500,000 jobs.Comment: I am not sure how many of these components will provide short term stimulation for the economy, but they seem useful in the long term development of the country. JAD
“Transforms the nation’s electricity systems through the Smart Grid Investment Program to modernize the electricity grid to make it more efficient and reliable.
“Supports U.S. development of advanced vehicle batteries and battery systems through loans and grants so that America can lead the world in transforming the way automobiles are powered.
“Helps state and local governments make investments in innovative best practices to achieve greater energy efficiency and reduce energy usage.
“Spurs energy efficiency and renewable energy R&D.”
1 comment:
Click here for a good summary of the science and technology components of the stimulus bill.
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