20 Apr '12, 10pm

U.S. is Pretty Much on Track to Stop Funding Clean Tech Altogether

Breakthrough Institute, World Resource Institute, Brookings Institution/via Sucks for American clean tech. Never mind that the industry is pretty universally regarded as one of the most important sources of potential expansion, job growth, and innovation going forward—the already too meager, maddeningly scattershot government support for clean energy is about to dry up altogether. So, goodbye ARPA-E ? David Roberts points us to this graph from a newish report from the Breakthrough Institute, the World Resources Institute, and the Brookings Institution, and, as you can see, it's not pretty. And that sad-looking $11 billion stump too will disappear unless there's a shift in policy. Here's Roberts: Early in his term, Obama unleashed a ton of support for cleantech, mainly via the stimulus bill, but also by funding some programs from the Bush era and earlier. At around $150 bil...

Full article: http://www.treehugger.com/energy-policy/us-pretty-much-tr...

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