Alexander says he wants to curtail energy subsidies by $20 billion annually and pump that money into clean energy R&D.
“First, I would try to swap the money we're spending on permanent subsidies for energy and invest it instead in research. Second, I'd like to focus these funds on the most promising areas of clean energy. I've devised a plan for seven mini-Manhattan Projects for energy independence: solar, batteries, green building, capturing carbon, fusion, making fuels from crops we don't eat and finding better ways to deal with nuclear fuel,” said Alexander, who praised Energy Secretary Steven Chu’s energy innovation “hubs.”
Showing 1-4 of 4