December 22, 2011

2012 Fed Budget Halts Cuts to Energy Innovation

Breakthrough Institute, Breakthrough Institute


Technorati

The FY2012 Omnibus Appropriations bill, passed through the House and Senate conference committee last week, provides a small 2.5 percent increase in DOE energy innovation investment-related Offices and programs compared to FY2011. The budget includes key investments for new Energy Innovation Hubs, next-generation small modular nuclear reactor (SMR) RD&D and licensing programs, as well as a boost in funding for ARPA-E. Compared to the roughly $800 million cut to energy innovation investments in FY2011 and the additional cuts sought in the House version of the appropriations bill, the FY2012 budget provides renewed, albeit modest, government support for developing affordable and viable...

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TAGGED: U.S. energy policy, alternative energy technology, domestic energy production, energy outlook, Congress, Energy innovation, Breakthrough Institute

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