Did Obama really spend $90 billion on "green energy?"

FACT CHECK (from first Obama-Romney debate): 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
-- Callum Borchers

Finally -- from New York Times fact checker, John M. Broder -- "Mr. Romney said correctly that the stimulus package, known as the American Recovery and Reinvestment Act, had spent $90 billion on alternative energy, energy efficiency and related programs. He said that the program had backed a number of “losers” that had cost taxpayers millions. Solyndra did indeed collapse after receiving $528 million in federal stimulus money intended to accelerate clean energy development and create jobs. It touched off an 18-month Congressional investigation and a number of embarrassing disclosures about White House efforts to promote the company for political reasons while aware of its financial troubles. However,the Solyndra grant process began under the George W. Bush administration, and it received bipartisan Congressional and lobbying support. It was by far the largest of three prominent failures of the loan guarantee program. Beacon Power received $39 million in federal funds, with the government recovering all but $8 million of that. Abound Solar’s collapse will cost the taxpayers as much as $68 million. Together, the three failed companies cost the government about $575 million. But in creating the program, which has to date issued $34.5 billion in loans, Congress set aside $2.4 billion to cover losses, so the loan defaults are a relatively small proportion of the overall portfolio." http://paxonbothhouses.blogspot.com/2012/10/new-york-times-fact-checks-first-obama.html