Cuts to renewable energy funding passed by the U.S. House

The U.S. House of Representatives voted 219-196 July 15 to cut federal funding for renewable energy while boosting funding for research into emissions control technology and a nuclear waste repository.

Dow Jones reported that the cuts were part of a bill that would fund the Department of Energy and other agencies for the 2012 budget year. The bill would reduce spending on solar energy research and loan guarantees for renewable projects and would increase funding for research into emissions control technology for coal-fired power plants and continue work on the Yucca Mountain nuclear waste disposal site in Nevada.

Amendments adopted on the House floor added $10 million for solar energy research and $79 million for the DOE’s Advanced Research Projects Agency, the article said.

Read more financial news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...