White House’s Proposed Budget Would Reduce Funding for Clean Energy Programs
While cutting funds for cleantech and environmental programs, the White House’s $4.4 trillion budget would increase the deficit by more than $7 trillion over time.
By Emma Foehringer Merchant and Julia Pyper, GreenTech Media.
The Trump administration released its proposed 2019 budget on Monday. The energy portion focuses on an “all-of-the-above” strategy and proposes cuts to several clean energy programs.
Under the blueprint, the Department of Energy would see a slight bump in funding to $30.6 billion over the current $30.1 billion, but that extra cash would go to administration priorities such as modernizing the nuclear arsenal and fossil energy research and development. Other programs, like the Office of Energy Efficiency and Renewable Energy (EERE) and the Advanced Research Projects Agency-Energy (ARPA-E), would receive far less than current funding levels.