04/12/2018 | Press release | Distributed by Public on 04/12/2018 12:18
Trump's budget is a complete disaster. With so many cuts that would hurt Americans across the country, here are just a few of the many cuts to the Department of Energy that Rick Perry will have to try to defend as he testifies before Congress:
Trump's budget guts the Office of Energy Efficiency and Renewable Energy, while it boosts funding for fossil energy research and development.
Washington Post : 'At the same time, the administration is asking for deep cuts elsewhere, especially in the agency's Office of Energy Efficiency and Renewable Energy, which studies advanced transportation and wind and solar energy. The budget requests $696 million for that program, a 66 percent cut from the 2017 budget. That number includes $120 million added back after the recent two-year budget accord.'
Reuters: 'But the budget calls for the 'termination' of the loans programs and the Advanced Research Projects Agency-Energy, while maintaining the existing loan portfolio and making sure existing awards are completed. And it calls for a more than 19 percent boost to the fossil energy research and development office to $502 million for making advanced power systems based on fossil fuels like coal and natural gas more efficient.'
Trump's budget sells off electric transmission assets of some longstanding federally-owned utilities, such as the Tennessee Valley Authority.Washington Post: 'The administration also is seeking to sell electric transmission assets of a handful of long-standing federally owned utilities, including the Bonneville Power Administration in Washington state, the Western Area Power Administration and the Tennessee Valley Authority.'
Trump's budget abolishes the Advanced Research Projects Agency-Energy, an incubator for next-generation technology, as well as several loan programs.Wall Street Journal< /a>: 'Also included in the plan is a steep cut for the Office of Energy Efficiency and Renewable Energy, down by more than half from the current budget. The office would lose $1.3 billion of its nearly $2 billion in funding, and the department would eliminate funding for the Advanced Research Projects Agency-Energy, an incubator for next-generation technology.'