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I have been tracking the green stimulus spending since June 2009.
In November 2009, actual dollars spent on green projects was $1.5 billion.
Now, in November 2010, dollars actually paid to date on green projects is approximately $11 billion. It amounts to approximately 7% of contract spending from the Stimulus bill (which does not include tax benefits), and 2.6% of the total stimulus money paid to date.
By agency, the spending on green breaks out as follows:
I used the same methodology as described in detail here. If you are a data geek like me, you can do your own number crunching at Recovery.gov and the agency recovery sites who do weekly reporting in Excel on the allocation and spending of the stimulus money. There is a wealth of information available, and I welcome any input or different statistical or mathematical analyses from the Green Building Law Community.
I loved getting to page two
I loved getting to page two and seeing the job creation statistics because efficiency of dollars deployed is always undervalued. I actually was surprised by both the 3% figure on the low end, and the dramatic extent to which green funding creates long term value. If there is any limit to accessible dollars (and we as a country are starting to catch on that there might be!) then efficiency of deployment, i.e. multiple of value created on each dollar deployed, is of utmost importance. Value is an amorphous term but one of the more tangible components is job creation which, at the very least, is a present value of salaries surrounding a new technology or efficiency that previously could not have existed…Teach a country to fish. I wish these very simple statistics had been at the forefront for the White House beginning in 2008. Unfortunately, as is pointed out above, this is not the case. Simply take the fact that it took until stimulus package round II to even announce any substantial infrastructure improvement programs (http://www.dailyfinance.com/story/taxes/obama-lays-out-details-of-his-ne...).