Obama increases cash for clean energy in latest budget

American President Barack Obama has announced a massive pot of funding from his Government’s budget will be put toward helping developing renewable technologies through grants, financial and tax incentives. The pledge toward green energy has been poorly received by the fuel companies which had big subsidies drastically cut. The budget includes $2.3 billion (£1.47bn) for […]

US unveils $29bn energy budget

US Secretary of Energy Steven Chu has said that America wants to out-innovate, out-educate and out-build the rest of the world when it comes to sustainability. He was speaking as he unveiled President Barack Obama’s $29.5bn (£18.2bn) energy budget. Mr Chu said: “The United States faces a choice today: will we lead in innovation and […]