12 Feb '12, 5pm

President Obama Ups the Clean Energy Ante by a Cool $150 Million

President Obama Ups the Clean Energy Ante by a Cool $150 Million

Clearly undeterred by the GOP’s ongoing effort to cut federal support for clean energy , the Obama Administration has just announced a new $150 million round of funding for cutting-edge research into solar, wind, geothermal, bio-based energy and ocean power along with dozens of other categories related to renewable energy and energy efficiency . The funds are coming through the Advanced Research Projects Agency-Energy (ARPA-E ), an agency is modeled after DARPA , the legendary Department of Defense research program that developed the Internet. If ARPA-E can come anywhere near that accomplishment, it looks like the U.S. is in for more than a little change in the fossil fuel status quo. New clean energy tech trumps fossil fuel era ARPA-E’s funding announcement is still in the draft stage but it calls specifically for advanced energy projects that have real-world applications...

Full article: http://cleantechnica.com/2012/02/12/president-obama-ups-t...

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