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Obama Budget Would Boost Clean Energy Funding by 40%

2013-04-12 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

PV Tech: President Barack Obama yesterday put forward a budget that would see a 40% increase in clean energy funding, despite sweeping spending cuts due to the sequester. Overall, Obama's fiscal year budget 2014 provides $28.4 billion in discretionary funds for the Department of Energy, an 8% increase from 2012. It also increases funding for the DoE's clean energy technology activities by over 40% above the 2012 level. Daniel Poneman, the US deputy secretary of energy, said: "The United States faces...

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