FACT CHECK: Did Obama really spend $90 billion on green energy? Sort of. Here’s how that money breaks down,
according to the White House:
$29 billion for energy efficiency, including $5 billion for improvements in the homes and apartments of low-income households
$21 billion for renewable electricity generation, including wind turbines and solar panels
$10 billion for grid modernization, including millions of “smart meters” that read themselves, eliminating the need for meter readers
$6 billion to help establish factories to make batteries for electric cars and other components of advanced vehicles
$18 billion for fast trains
$3 billion for research and development into capturing and sequestering carbon dioxide
$3 billion for job training and scientific advances in green energy
About $2 billion to help build wind turbines, solar panels and similar “green” products