Business Leaders Call for Energy R&D Investments in New Letter
With support from AEIC, leading executives from business and industry have delivered a letter to congressional appropriators stressing the importance of investments in energy research and development at the Department of Energy to the nation’s future. Despite long standing, bipartisan support for these programs, they are facing increased scrutiny after the president proposed cuts of more than $3.3 billion in the fiscal year (FY) 2018 budget request.
Emphasizing the economic opportunity presented by the development of next generation energy technologies, the executives, underscored the importance of public investments as vital complements to private sector efforts. They also highlighted the competitive advantages provided to energy intensive domestic businesses like manufacturing and agriculture by breakthrough energy technologies that can drive down energy costs.”