Here's a concise rundown of the energy provisions in the Obama Administrations economic stimulus plan from the NY Times editors: "An $80 Billion Start"
What a refreshing revelation after the previous administration. Even if 50% of this money is spent efficiently, it's a giant leap forward in energy policy for the U.S., and the other 50% can be counted as penance for doing nothing innovative (at the federal level) these last fifty years. Cheers for President Obama.
Still, it is a disappointment to see money in there for research of "clean coal" and carbon sequestration. Carbon sequestration -- snake oil if ever I saw it (tell me one thing we've buried in the ground that hasn't come back to haunt us).