Leftover stimulus funds remaining hope for tax credit grants



CNN Money

The White House has proposed to extend cash grants for renewable energy projects using leftover stimulus payments, CNN Money reports today.

If Republicans object to handing out checks, they could be amenable to using funds, or increasing state mandates that would require utilities

to buy a certain percent of their power from renewable energy as part of a broader "clean energy" standard that includes nuclear and natural gas.

About 30 states already have such a mandate, and the industry has been pushing hard for a federal standard of at least 15%.