Obama: Gives Housing a Boost by Renting Foreclosed Properties

Video from ABC World News

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John Boehner, Where are the Jobs?

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Bush Tax Cuts Did Not Create Jobs

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DOE Announces 6 New Corporate Partners Join the National Clean Fleets Partnership

Washington, D.C. - Furthering the Obama Administration's goal to cut U.S. oil imports by one-third by 2025, U.S. Energy Secretary Steven Chu today announced that six new corporate partners have joined the National Clean Fleets Partnership.

The new partners - Coca-Cola, Enterprise Holdings, General Electric, OSRAM SYLVANIA, Ryder, and Staples - operate a total of nearly a million commercial vehicles nationwide. The National Clean Fleets Partnership, announced by President Obama in April, is a public-private partnership that helps large companies reduce diesel and gasoline use in their fleets by incorporating electric vehicles, alternative fuels, and fuel-saving measures into their daily operations.  This announcement represents a major step towards reducing fuel use and achieving greater efficiency and cost-savings for the nation's largest commercial vehicle fleets.

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Department of Energy Finalizes a $967 Million Loan Guarantee to Support the Agua Caliente Solar Project

Washington D.C. – U.S. Energy Secretary Steven Chu today announced that the Department of Energy finalized a $967 million loan guarantee to Agua Caliente Solar, LLC. The loan guarantee will support the construction of the Agua Caliente Solar project, a 290-megawatt photovoltaic solar generating facility in Yuma County, Arizona that will use thin film solar panels manufactured by First Solar, Inc. The project sponsor, NRG Solar LLC, estimates the photovoltaic generation facility will fund approximately 400 construction jobs and 10 full time operating jobs, and will be one of the largest plants of its kind in the world when completed.

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President Obama Announces First Ever Fuel Economy Standards for Commercial Vehicles

President Obama today will announce new fuel efficiency standards that will save American businesses that operate and own commercial vehicles approximately $50 billion in fuel costs over the life of the program. These work trucks, buses, and other medium- and heavy duty vehicleswill be required to meet fuel efficiency and greenhouse gas emission standards for the first time ever beginning in 2014.

The U.S. Department of Transportation (DOT) and the Environmental Protection Agency (EPA) developed the standards in close coordination with the companies that met with the President today as well as other stakeholders, following requests from companies to develop this program.

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