Obama's Budget to Seek More Funding For Clean Energy, Fewer Oil, Gas Subsidies

摘要

President Obama will propose increasing funding for clean energy technology by one-third in his fiscal year 2012 budget, to $8 billion, according to the White House. The push for more funding follows the president's call in the State of the Union address Jan. 25 for the nation to generate 80 percent of its electricity from "clean" sources by 2035 and to put 1 million advanced vehicles on the road by 2015. In a preview of Obama's speech, Gene Sperling, the president's chief economic advisor, said the proposal would increase the total budget for clean energy technology to $8 billion, a one-third increase over 2010 levels.