Obama proposes $2 billion plan for clean energy technology research
by Philip Rucker The Washington Post March 15, 2012 LEMONT, Ill. ‚Äî President Obama on Friday proposed taking $2billion in royalties the government receives from offshore oil and gas leasing to fund research into clean energy technologies designed to lessen the nation’s dependence on fossil fuels to power cars and trucks. Obama called for establishing an Energy Security Trust, which would divert $2billion in federal revenue from oil and gas leasing toward clean energy research. The money would be invested […]