More details on energy policy continue to trickle out of the White House, with Bloomberg reporting that an upcoming budget for the Department of Energy will cut $700 million or more from an office focused on clean energy technology.
Currently funded at $2.1 billion, three sources told Bloomberg that the budget of the Office of Energy Efficiency and Renewable Energy (EERE) - that includes the Geothermal Technologies Office (GTO), - will be cut between $700 million and $1.4 billion.
Details on President Trump's plans for energy policy have been slowly emerging since reports surfaced in January the administration was considering massive budget cuts at DOE. Initial rumors included fully eliminating EERE, the Office of Fossil Energy, and the Office of Electricity.
Currently funded at $2.1 billion, three sources told Bloomberg that the budget of the Office of Energy Efficiency and Renewable Energy (EERE) - that includes the Geothermal Technologies Office (GTO), - will be cut between $700 million and $1.4 billion.
Details on President Trump's plans for energy policy have been slowly emerging since reports surfaced in January the administration was considering massive budget cuts at DOE. Initial rumors included fully eliminating EERE, the Office of Fossil Energy, and the Office of Electricity.
