Obama budget proposes $1B in clean energy spending

ObamaBy Chris Meehan | SolarReviews

On April 10, President Barack Obama sent his proposed budget for the fiscal year 2014. In it he called for nearly $1 billion ($989 million) in spending to support deployment and long-term development in the clean energy industries. That and his nomination for Department of Interior Secretary was approved. Both moves won the approval of the Solar Energy Industries Association (SEIA). It’s been said before and it bears repeating that Obama has done more for solar than any previous U.S. President. And with the budget he just sent to Congress as well as his appointment of Sally Jewell, who was, until now, CEO of outdoors outfitting giant REI as DOI Secretary, also won the SEIA’s approval.

The budget proposal Obama sent to Congress includes $615 million to increase the use of and decrease the costs of clean power from solar, wind, geothermal, and water energy. It also supports long-term development of clean energy with $372 million for solar and energy efficiency research. “This clean energy research is a key component of an integrated approach to increasing U.S. energy independence, enhancing environmental stewardship, reducing energy and carbon intensity, and generating sustainable economic growth,” the proposal states.

Continued:

Also: What does Warren Buffett see in solar

April 15 News: U.S. And China Officially Working Together To Confront Climate Change

If you’d like to discuss energy issues, contact Court Rich, Co-Chair of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com

 

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.