THE GIFT THAT KEEPS ON GIVING – Vice President Joe Biden and Energy Secretary Steven Chu today will unveil a new government analysis of the impact of stimulus investments in science and technology. The Recovery Act poured more than $100 billion into energy and other science-heavy industries, and the event will be the latest push from the administration to convince the American public that the investments are leading to economic growth, job creation and more domestic clean energy production.MORNING ENERGY FIRST LOOK – According to a White House official, today’s report will show that thanks to the stimulus cash the U.S. is now on track to: cut the cost of solar power in half by 2015, putting it roughly on par with the cost of retail electricity from the grid; cut the cost of electric vehicle batteries by 70 percent by 2015, bringing the lifetime cost of a plug-ins in line with their non-electric counterparts; and double domestic renewable energy generation and manufacturing capacity by 2012.
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