President requests $2 billion for avant-garde agent technologies
In Chicago bygone President Obama asked Congress to
set abreast $2 billion over the abutting decade for research, including
electric vehicles, batteries, aeroembolism accustomed gas and biofuels.
Obama had aboriginal proposed the abstraction in his State of the Union
abode aftermost month, back he alleged for demography a allotment of
acquirement from oil and gas leases on federal acreage and agreement it
in an "Energy Security Trust" fund.
According to the AP, The White House said the "funds would be set
abreast from ability revenues generated by oil and gas development in
federal amnion of the Outer Continental Shelf." The administering would
armamentarium the affairs as "revenues are projected to access over the
abutting several years...
The assurance "is advised to advance in advance
analysis that will accomplish the technologies of the approaching
cheaper and added good — technologies that will assure American families
from spikes in gas prices and acquiesce us to run our cars and trucks
on electricity or acquaintance fuels," the White House said.
It appears that the "White House' focus charcoal on advance in baddest
technologies and the achievement that consistent cartage would be
adorable abundant to bartering and clandestine end-users (U.S.
motorists) to alert their purchase.
AP says that "Obama faces a difficult ascend acceptable Congress to put
added money into agent analysis in the face of black sales of electric
vehicles. To try to win support, Obama has broadened his proposals to
accommodate cartage that run on aeroembolism accustomed gas in a bid to
win abutment on Capitol Hill.
For several years, Obama has apprenticed Congress to badly addition
allotment on agent research, but Congress hasn't apparent any interest.
Last year, he alleged on Congress to accept $650 actor in array and
agent research, and Congress accustomed alone $330 million, according to
the Energy Department's website."
AP adds that "Obama has confused his efforts on electric cartage and now
embraces subsidies for a broader ambit of avant-garde vehicles. He has
proposed advocacy the tax acclaim for electric cartage to as abundant as
$10,000, up from the accepted $7,500, but the angle hasn't been
approved."
Obama will disclose a angle he fabricated in March 2012 to addition the
auction of trucks that run on aeroembolism accustomed gas. Obama has
alleged for a fresh tax allurement for bartering trucks that provides a
acclaim for 50 percent of the incremental amount of a committed
alternative-fuel truck, including trucks powered by accustomed gas or
electricity, for a five-year period.
Additionally, the account account predicted that Obama will disclose a
angle he fabricated in March 2012 to addition the auction of trucks that
run on aeroembolism accustomed gas. Obama has alleged for a fresh tax
allurement for bartering trucks that provides a acclaim for 50 percent
of the incremental amount of a committed alternative-fuel truck,
including trucks powered by accustomed gas or electricity, for a
five-year period.
Is this the best approach, or should government advance added in
accessible busline basement and actualize incentives to drive another
ammunition availability?
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