White House Pushes For Deep Cuts To Clean Energy Office

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Publish Date:
March 7, 2017
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Source:
Bloomberg
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Summary

The White House is seeking to cut hundreds of millions of dollars from the budget of an Energy Department division that has funded technological research in projects ranging from the LED light bulb to plug-in electric trucks, according to people familiar with the plans.

The Office of Energy Efficiency and Renewable Energy, currently funded at $2.1 billion a year, would see its allocation slashed by at least $700 million under a proposal from the Office of Management and Budget, according to three people briefed on the plans who asked not to be identified discussing the internal deliberations.

“It would be a very very significant cut,” said Dan Reicher, who led the office during the Clinton administration. “Clearly this would have some very serious impacts on some very important programs.”

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