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Wednesday, April 23, 2008

Long Slide For R&D Energy Spending

The US General Accountability Office recently reported in Advanced Energy Technologies: Budget Trends and Challenges for DOE's Energy R&D Program that federal R&D dropped from $6 billion in 1978 to $1.4 billion in 2008, adjusted for inflation. Fossil and nuclear will get an increase of 34% and 44% respectively in 2009, while renewable energy R&D will drop by 1%. What do you think of that?
GAO-08-556T March 5, 2008

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