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Trump Said to Seek Deep Cuts to Clean Energy Funding — Again

Trump Said to Seek Deep Cuts to Clean Energy Funding — Again

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The White House is again seeking deep cuts to the Energy Department office responsible for funding clean-energy research, according to people familiar with the plans.

In its upcoming budget request to Congress, the administration will propose cutting more than 70 percent of the Office of Energy Efficiency and Renewable Energy’s $2.1 billion-a-year budget.

The Energy Department did not immediately respond to a request for comment.

The Trump administration previously targeted the division, which has financed technologies ranging from the LED light bulb to plug-in electric vehicles, for a cut of more than two-thirds. Congress has proposed rejecting those cuts and is currently operating on a stopgap funding bill that has kept funding levels unchanged.

“Cuts of this size are basically shutdown numbers,” said Mike Carr, a former Obama administration Energy Department staffer who is now executive director of New Energy America. “Between imposing solar tariffs, eroding the Clean Power Plan, fighting incentives at the federal and state level, walking away from our voluntary commitments under the Paris accords, and now dismantling our support for R&D, this administration has consistently tried to undermine market certainty for clean energy.”

The proposal was first reported by the Washington Post.

Source: Bloomberg
Anand Gupta Editor - EQ Int'l Media Network

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