White House Budget Cuts New Energy 70%

Trump Again Seeks Deep Cuts in Renewable Energy Funding

Ari Natter, March 7, 2019 (Bloomberg News)

“…[The Trump White House’s opposition to New Energy is made clear in severe proposed budget] cuts to the U.S. Energy Department division charged with renewable energy and energy efficiency research…[According to an anonymous spokesperson, the] Office of Energy Efficiency and Renewable Energy [EERE] would see its $2.3 billion budget slashed by about 70 percent, to $700 million…The request is unlikely to be granted by Congress, especially with Democrats in charge of the House, but the figure represents an opening bargaining position for negotiations by the White House…

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...[EERE, which] provides hundreds of millions of dollars a year in grants and other financial assistance for clean energy, has financed research into technologies ranging from electric vehicles to energy projects powered by ocean waves. It has been credited with financing research to help make the cost of wind power competitive with coal, and cutting the costs of LED lighting…[The White House] has tried to gut the program before, only to be rebuffed by Congress…[C]onservative groups like the Heritage Foundation have called for the office to be eliminated entirely, saying energy innovation is best left up to the private sector…” click here for more

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