August 24, 2010
The Recovery Act is working, and Vice President Joe Biden had some metrics Tuesday to back up that claim.
With the help of American Recovery and Reinvestment Act investments, the United States is on track to double its renewable energy generation capacity by 2012 and significantly drive down the cost of electric batteries and solar technology over the next five years, Biden said to an audience of Recovery Act recipients at the White House.
Joined by Energy Secretary Steven Chu, Biden made the remarks during a speech to unveil a report, titled “The Recovery Act: Transforming the American Economy through Innovation,” that analyzed the impacts of Recovery Act investments in science and technology projects, many in the clean energy sector.
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