Are we serious about renewables?

Posted on January 22, 2008. Filed under: Uncategorized |

According to a recent Government Accountability Office report, the Department of Energy spent $3.1 billion on research and development for fossil fuels between 2002 and 2007, compared with $1.4 billion for renewable technologies. Electricity-related tax expenditures in the same time period for fossil fuels reached $13.7 billion, while renewable energy sources received $2.8 billion. Read more here

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