What’s in the Budget For Energy And The Environment …

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Bush’s Budget proposal came out today and the verdict is…

Highlights for the Energy Department’s Budget Proposal:

$400million to research and $241million to demonstrate technologies for cost-effective carbon capture and storage for coal fired power plants.
$1.65 billion in investment tax credits and loan guarantees for commercial deployment of technologies central to carbon capture and storage
$242 million for Nuclear Power 2010
$302 million for Advanced Fuel Cycle
$156 million for making Power more competitive by 2015
Supports vehicle technology program: lithium-ion batteries, plug-in hybrids, drive-train electrification
Doubles the capacity of Petroleum Reserves to protect against oil disruptions
Renewable Hydrogen: $209 million for Power Marketing admin and $3.5 billion for Bonneville Power Admin.
$4.7 Billion to the Office of Science for future energy technologies and environmental solutions
$5.5 billion to clean up Nuclear research and weapons productions sites.
$495 million for the Yucca Mountains Nuclear Waste repository
$6.6 billion for the transformation of Nuclear Weapons into smaller, safer , more secure and less expensive
$1.8 billion for the Defense Nuclear Nonproliferation

If you’d like to read the whole Department of Energy Budget Proposal: Energy Budget

If you’d like to see a summary of the whole budget: Budget Summary

Comments

Eco Friendly Tara Said,
Oh wow I had not saw this yet. I did not even realize we had that much to spend!
Lex945 Said,
I don’t see a damn thing for the new multi spectrum solar power or wind and wave technologies. No incentives for home installation. This budget is a road map from big oil to big coal. In any case the government has found a new cash cow to back.
A. Caleb Hartley Said,
Thanks for this info… I assume you meant million for the yucca Mountain nuclear waste repository site, but I have to admit I laughed when I saw that we were only spending $495 on the site… talk about cheap rent!

Namaste,
A. Caleb Hartley
bibi Said,
Your right it is a million, thanks for pointing that out, I fixed it. But hey at least it’s not a billion…
Doug Said,
Seeing as how, we spend more money than this every couple of weeks in Iraq, this budget is a sad joke.