30 Mar 2009

US territories in line for US Energy Dept funding

2:41 pm on 30 March 2009

The U.S. territories are getting additional funding from the U.S. Energy Department under provisions of the federal stimulus recovery act.

The money is to be administered by the territories' respective energy office.

According to the federal agency's distribution list, each of the U.S. Pacific territories will receive 9.5 million US dollars, and this funding is based on a formula that accounts for population and energy use to ensure accountability.

The latest round of funds is for the Energy Efficiency and Conservation Block Grant Program, which provides formula grants for projects that improve energy efficiency and reduce fossil fuel emissions.

For American Samoa, this additional money now gives the local government a total of 28.6 million dollars in Energy Department funding.

Guam's total funding so far from the Energy Department stands at more than 29 million while CNMI is just over 28 million.