Weekly Clean Energy Roundup: Feb. 5, 2003

News and Events President’s Budget Retains Funds for Efficiency, Renewables President Bush Launches $1.2-Billion Hydrogen Initiative Navy to Demonstrate Potential of Solar-Supplied Hydrogen Los Angeles Proposes to Build a 120-Megawatt Wind Plant Green Power Adopted in North Carolina and Successful in D.C. *Site NewsDOE Launches Revised EERE Web Site at New Web Address *Energy Facts and TipsEnergy Companies Added Significant Oil, Gas Reserves in 2001———————————————————————-NEWS AND EVENTS———————————————————————-President’s Budget Retains Funds for Efficiency, RenewablesPresident Bush released his administration’s proposed $2.2 trillion federal budget for fiscal year (FY) 2004 on Monday. According to the President, the budget meets the challenges posed by three national priorities: winning the war against terrorism, securing the homeland, and generating long-term economic growth. Despite these three priorities, the budget maintains funding for energy efficiency and renewable energy programs. It assumes enactment of the energy tax incentives proposed in the President’s 2003 budget, including tax credits for the use of solar power in residences and for purchases of hybrid electric and fuel cell vehicles. It also proposes a two-year extension in tax credits for electric vehicles, clean-fuel vehicles, and power produced from certain renewable energy sources (the so-called “production tax credit”). See the budget on the White House […]

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