Clean Energy: Obama seeks to double research funds

Obama announced sending a budget to Congress which hits twice the current spending levels for clean energy research

WASHINGTON: President Barack Obama on Saturday proposed doubling US funding over the next five years for clean energy research and development, as part of his on-going effort to tackle climate change. In his weekly media address, Obama announced sending a budget to Congress on Tuesday which hits twice the current spending levels for clean energy research and development by 2020, declaring that “rather than subsidise the past, we should invest in the future.” The president next week sends to Congress the final spending blueprint of his presidency; a guidepost to his policy priorities, including proposals to raise taxes and boost spending. The increased spending, Obama said, “will include new investments to help private sector create more jobs faster, lower the cost of clean energy, and help clean, renewable power outcompete dirty fuels in every state.”

Published in The Express Tribune, February 7^th, 2016.

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