The next big Congressional appropriation for the construction industry will be funds for modernization of our aging electric transmission grid, according to Senate Majority Leader Harry Reid, House Speaker Nancy Pelosi, House Energy and Commerce Chairman Henry Waxman, Senate Energy and Natural Resources Chairman Jeff Bingaman, and House Global Warming Chairman Edward Markey. Speaking today at a gathering attended by Bill Clinton, Al Gore, T. Boone Pickens and other leading clean energy advocates and investors, Pelosi said: "The [stimulus legislation appropriations for] renewable energy resources will mean nothing if there's not a grid to transmit it. ... We have an opportunity to shape this framework."
Obama transition team leader John Podesta is looking for appropriations to fund the modernization of 2,000 miles of electricity grid, and installation of smart meters in 40 million homes.
Obama transition team leader John Podesta is looking for appropriations to fund the modernization of 2,000 miles of electricity grid, and installation of smart meters in 40 million homes.
