House Bill Would Cut Clean Energy and Efficiency Programs by 40 Percent

A 2012 energy and water appropriations bill would set renewable energy and efficiency funding about $1 billion below current levels, roughly equaling the amount allocated to such programs in 2005. The bill cuts $1.9 billion from the White House request for investments in research into energy efficiency and renewable energy sources such as solar, wind and geothermal, fuel-conserving vehicles, weatherization, biomass and other programs. That is more than 40% below current funding levels. The bill passed in committee by a 26-20 vote. The full House of Representatives will consider the measure after July 4.

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Source: REUTERS