The American Recovery and Reinvestment Act (ARRA), signed into law on February 17th, 2009, made more than $300 Billion in federal monies available as a stimulus to the American economy. Of that, the Energy Efficiency and Conservation Block Grant (EECBG) program was funded at an unprecedented rate of $2.8 Billion. The program is slated for recurring annual funding at a rate of $2 Billion; it had never been fully funded before ARRA.
Of the many programs eligible for formula funds from the EECBG, energy audits and retrofits are among the most anticipated, as many look to them to provide job training funds for displaced and traditionally underserved populations. But, the many other investments and activities eligible under EECBG funds stand to have a remarkable effect on the US economy and job market. Beyond near term weatherization jobs, EECBG funds can be used to develop innovative transportation programs, implement renewable energy technologies, modify our power transmission and distribution framework, and countless other advances. With this investment will come a slew of new businesses needed to support and maintain these new technologies; new job classifications and skill set requirements will be required by this new "green" economy.
Come hear from leading national and local experts about how this fundamental shift will impact our economy, our labor market, and our knowledge and skills.