Living On Earth: The (Obama) Budget (EPA down 13% : Department of Energy up 12%)

[OKIsItJustMe]

http://www.loe.org/shows/shows.htm?programID=11-P13-00007#feature1

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It's the old expression - it's as if you're designing an airplane that looks like it's overweight and the way to trim the weight is to take off an engine.

GELLERMAN: You have big boosts for things like electric vehicles, you have, what, 80 percent increase to nearly 600 million dollars for R&D for advanced vehicles.

CHU: That's a good example of how to compete to win the future. All around the world, countries and companies take note that we expect great advances and better technologies and system technologies for plug-in and hybrids and electric vehicles. You start with a 100-mile range, but soon graduate to 200, 300, 400-mile range on a single charge.

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GELLERMAN: In terms of conventional fuels though, subsidies through the Department of Energy for fossil fuels are getting sliced by 44 percent. They'll still be nearly half a billion dollars, but that's a big chunk out of fossil fuel subsidies.

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(Full transcript and audio at the link.)