StimulusPackage
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EU sets aside €6.4b for research and innovation grants
For all its foibles, the European Union does fancy itself as quite the progressive supranational body and you need look no further than its gigantic €50.5 billion (to be spent between 2007 and 2013) R&D stimulus program for evidence. Over the next 14 months, the Euro bureau will distribute €6.4 billion to universities, SMEs (small and medium enterprises) and other research organizations that seek to pursue its stated goals. Those include tackling the problems of climate change, the Union's greying population, food and energy source security and sustainability, as well as more generic health and quality of life challenges. The primary goal is stated as "translating research into new technologies, products and services" -- in other words, less vaporware -- though we imagine the biggest justifier for this sizable injection de dinero will be the 165,000 new jobs that it's expected to create. Full PR after the break.
US government lays out cash for wall-based, in-home 'smart meters'
Google has its PowerMeter, Microsoft has its Hohm and Obama has his "smart meters." Got it? Good. Around two years after UK taxpayers began footing the bill for in-home energy monitors, it seems as if America's current administration is looking to follow suit. While visiting the now-open solar facility in Arcadia, Florida today, the Pres announced that $3.4 billion in cash that the US doesn't actually have has just been set aside for a number of things, namely an intelligent power grid and a whole bundle of smart power meters. Aside from boring apparatuses like new digital transformers and grid sensors (both of which are designed to modernize the nation's "dilapidated" electric network), 18 million smart meters and 1 million "other in-home devices" will be installed in select abodes. The idea here is to give individuals a better way to monitor their electricity usage, with the eventual goal set at 40 million installed meters over the next few years. Great idea, guys -- or you know, you could just advise people to turn stuff off when they aren't using it, or not use energy they can't afford. Just sayin'.
Converter coupon waitlist still 4 million deep
Sure, Tuesday the 17th doesn't hold the same luster as before, but a key reason for this day coming and passing is the converter coupon program running out of cash. The waiting list recently measured around 4 million strong, with 100,000 or so coupons going out each day as older ones expired and freed up funds. It'll only take two weeks to clear the list completely once the additional funding from the stimulus package comes through, unfortunately too late to avoid a pushback of the DTV switch. Waiting for a coupon and live in a place where all / most of the stations are shutting off analog today? You're still on the same first-come, first-served list as everyone else, but we're sure you followed our advice and picked up the necessary equipment with plenty of time to spare.
