Sucks for American clean tech. Never mind that the industry is pretty universally regarded as one of tomorrow’s most important drivers of job growth and innovation—the already too-meager, maddeningly scattershot government support for clean energy is about to dry up altogether. So, goodbye ARPA-E?
David Roberts points us to this graph from a newish report from the Breakthrough Institute, the World Resources Institute, and the Brookings Institution, and, as you can see, it’s not pretty. And that sad-looking $11 billion stump too will disappear unless there’s a shift in policy.
Here’s Roberts…
Continue reading… “U.S. on track to stop funding clean tech”