natural resources defense council

Think big business is against tough new climate change laws? Well, think again.

Obama just signed his $767 billion dollar stimulus, and whether it helps the US economy or multiplies its financial woes, it’s hard to find an environmentalist who doesn’t sing its praises. In total, $60 billion, or about 8 per cent, is devoted to causes like energy efficiency and clean tech. A total of $8 billion is going towards high-speed rail links. [And according to Politico.com, Obama will outline another billion for high-speed rail in his budget next week.] The Department of Defense is supposed to get $3.6 billion to pay for energy efficiency projects and facilities upgrades.