U.S. Congress Cuts Renewable Energy Funding

The American Wind Energy Association (AWEA) reported the U.S. Congress has cut federal spending for renewable energy research in the conference report for the 2004 Energy and Water spending bill. Congress is expected to pass the bill next week.

Washington D.C. – November 11, 2003 [SolarAccess.com] According to AWEA, US$344 million was approved for renewable energy research, down from $419 million in 2003. The final spending level is $99 million lower than that proposed by the White House and $115 million lower than that proposed by the Senate. It is slightly higher than the $330 million recommended by the House. AWEA also reported that energy bill conference negotiators — with an assist from the White House — were able to broker a deal on ethanol tax incentives that could allow a final package to come before the conference committee sometime this week. Based on that schedule, AWEA said the earliest the conference committee could take action on the bill would be Wednesday, November 12, as Republican leaders previously agreed to allow a 48-hour window for review of the bill. If approved by the conference, the House could then take the bill up on November 13 and the Senate as early as November 14. This schedule is likely to slip some, and Senate action is more likely the week of November 17, which could be the last week of work this session. Congressional leaders have expressed their intention to adjourn for the year on November 21. If final agreements can be reached and the conference committee approves the bill, passage in the House is highly likely. Courtesy of AWEA
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