Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×
Democrats Power Earth Government The Almighty Buck United States Hardware Science

Obama Wants To Fund Clean Energy Research With Oil & Gas Funds 409

Posted by Soulskill
from the laundering-dirty-money dept.
An anonymous reader writes "The Obama Administration has put forth a proposal to collect $2 billion over the next 10 years from revenues generated by oil and gas development to fund scientific research into clean energy technologies. The administration hopes the research would help 'protect American families from spikes in gas prices and allow us to run our cars and trucks on electricity or homegrown fuels.' In a speech at Argonne National Laboratory, Obama said the private sector couldn't afford such research, which puts the onus on government to keep it going. Of course, it'll still be difficult to get everyone on board: 'The notion of funding alternative energy research with fossil fuel revenues has been endorsed in different forms by Republican politicians, including Alaskan senator Lisa Murkowsi. But the president still faces an uphill battle passing any major energy law, given how politicized programs to promote clean energy have become in the wake of high-profile failures of government-backed companies.'"
This discussion has been archived. No new comments can be posted.

Obama Wants To Fund Clean Energy Research With Oil & Gas Funds

Comments Filter:

You knew the job was dangerous when you took it, Fred. -- Superchicken

Working...