Jason Barton

Professional Information and Energy News

Renewables in Vogue at Obama’s DOE

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By MIKE SORAGHAN AND KATIE HOWELL of Greenwire
Published: February 2, 2010

Nuclear, solar and wind power are the popular kids in the Energy Department schoolyard this year, while oil, gas and coal have been sent to detention.

When he sent his proposed spending plan to Congress yesterday, President Obama recommended subsidizing new nuclear plants with loan guarantees and shoveling more money at wind and solar research.

But when the administration’s budget cutters got to the oil patch, they found a target-rich environment with plenty of programs and tax breaks they wanted to cut.

Read the entire article here.