Skip to main content

US budget drops fossil fuel subsidies

In total, the 2011 budget provides $28.4 billion for the Department of Energy to support scientific innovation, develop clean and secure energy technologies, maintain national security and reduce environmental risk. President Obama submitted the budget to Congress for approval on Monday, February 1.

However, funding has been eliminated “for programmes that provide inefficient fossil fuel subsidies that impede investment in clean energy sources and undermine efforts to deal with the threat of

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Energy Risk? Register here

Register for access to all Energy Risk content

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: