Potential Impacts of ‘Pathway to Prosperity’ on Clean Energy Innovation

Given the limited number of programs available for budget cuts in the discretionary budget, there is no possible scenario that provides little to no cuts to energy innovation-oriented programs under this budget blueprint. Under simple assumptions, clean energy innovation programs at DOE could see a $2.8 billion cut compared to current FY2012 levels, if not more. It goes without saying that this type of budgeting would be a significant setback to the United States clean energy innovation capacity, which is already slated to see a 75 percent drawdown in federal support by FY2014 without additional Congressional energy policy action.