Obama’s Proposed Budget Allocates $27.9B for Energy
President Obama released his fiscal year 2015 budget proposal, which would provide $27.9 billion in funds for the Department of Energy. This budget request represents a 2.6 percent increase above the FY 2014 enacted level.
The budget proposal directs the DOE to advance the administration’s “all-of-the-above” energy strategy by investing $4.2 billion of its funds in applied energy programs to drive energy sector innovation.
The proposed budget would also allocate $2.3 billion of the DOE’s funds to the Office of Energy Efficiency and Renewable Energy, and states, “The Budget also supports technical assistance to States and local communities to help ensure shale gas is developed in a safe, responsible way.”
Once again, the President has proposed eliminating $4 billion annually in fossil fuel subsidies. But previous proposals to cut these subsidies have not passed Congress.
- Just the Facts: 8 Popular Misconceptions about LEDs & Controls
- How the IoT is Reshaping Building Automation
- Choosing the Correct Emission Control Technology
- Energy Manager Today Awards Top Products and Top Projects of the Year
- Increase the Value of Demand Response Through Automation
- 2015 Insider Knowledge
- The Missing Puzzle Piece: Automated Utility Data Aggregation
- Addressing Regulatory Trends with UVC LED-based Sensors
- 10 Tactics of Successful Energy Managers
- NAEM 2015 EHS and Sustainability Software Buyers Guide