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US to inject 5 billion into green jobs

The US government on Wednesday said it plans to pour five billion dollars into fostering jobs growth in green technologies and clean energy.

The US government on Wednesday said it plans to pour five billion dollars into fostering jobs growth in green technologies and clean energy.

Vice President Joe Biden announced White House support for the program, which requires congressional approval and is part of the 787 billion dollar economic recovery plan President Barack Obama launched in February.

The plans would offer 30-percent tax credits to investors in factories working with targeted technologies in the wind energy and solar energy sectors, as well as batteries, according to the White House.Read Full Article

posted in: News, Washington DC

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