United StatesUnited States
Federal wind funding in the US has been cut. It will be $29 million next fiscal year -- about 9% lower than the $32 million for the current year. A committee consisting of members of the US Senate and House of Representatives concluded its work in ironing out the differences between each other's funding proposals for renewables. Cost cutting in Washington DC is widespread this year, so a loss of just 9% in funding is considered something of a victory. Some conservative politicians had suggested cutting the renewables research and development budget to zero, while Republican presidential candidate Bob Dole is proposing to abolish the entire US Department of Energy as a way of cutting out what he believes is excess government. And as recently as May, wind lobbyists had predicted that wind funding would be axed by 10-15% (Windpower Monthly, July 1996)
Leading business intelligence for the wind community.
- In-depth news, analysis, market insight and trends.
- Take your 14 day free trial today.
Windpower Monthly Events
Senior Renewable Energy Analyst (WindGEMINI Product Lead) DNV GL Bristol (City Centre), City of Bristol