Dentons

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Energy and Water Appropriations bill moves forward

The US House Appropriations Subcommittee on Energy and Water approved fiscal year 2015 funding this week for the Department of Energy (DoE), the Corps of Engineers and related agencies. The bill totals $34bn (£20bn) — $50m below the 2014 enacted level, but $327m above the president’s request. It reflects a re-ordering of priorities from the president’s request, with a major increase for the Corps of Engineers of nearly $1bn and a greater emphasis within the DoE budget on fossil and nuclear energy programmes, with cuts made to renewable energy programme funding.

The bill increases overall funding for DoE’s energy programmes by $113m above the fiscal year 2014 enacted level. Within that total, funding for DoE’s fossil energy programmes is increased by more than $30m and nuclear energy programmes receive nearly $10m over last year’s level. Funding for the Office of Energy Efficiency and Renewable Energy is reduced by $113m below last year’s appropriation…

Click on the link below to read the rest of the Dentons briefing. 

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