February 1, 2013

Energy Funding Is About to Get Slashed

Kevin Bullis, MIT Technology Review


MIT

As a result of impending mandatory spending cuts known as sequestration, the first 100 days of President Obama’s second term couldn’t be more different from those of his first. If sequestration kicks in, federal support for clean energy, which received a $90 billion jolt from the stimulus package four years ago, is likely to decrease­, even though the need for energy breakthroughs to cut carbon dioxide emissions is clearer than ever (see “Solving Global Warming Will Require Far Greater Cuts than Thought”).

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TAGGED: Clean Energy

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