``This
bill
will
enable
us
to
double
renewable
energy
production
in
three
years
and
help
transform
how
we
use
energy,’’
Obama
told
a
crowd
in
Denver,
Colorado.
``We
are
dealing
with
critical
issues
that
have
been
neglected
for
too
long.’’
The
massive
piece
of
legislation,
a
63-37%
mix
of
spending
and
tax
cuts,
includes
$6bn
in
loan
guarantees
for
biofuels
development,
and
geothermal,
solar
and
wind
industries.
Formally
known
as
the
American
Recovery
and
Reinvestment
Act,
it
also
provides
$11bn
to
modernize
the
nationwide
electrical
grid,
almost
80
times
$140mn
in
current
funding…
