US to cut funds for two renewable energy sources

From the Christian Science Monitor: US to cut funds for two renewable energy sources

But renewable energy advocates may have to kiss goodbye those and other research projects. The US Department of Energy (DOE) is quitting the hydropower and geothermal power research business – if Congress will let it.

Declaring them "mature technologies" that need no further funding, the Bush administration in its FY 2007 budget request eliminates hydropower and geothermal research, venerable programs with roots in the energy crises of the 1970s.

"What we do well is research and funding of new, novel technologies," says Craig Stevens, chief spokesman for the DOE. "From a policy perspective, geothermal and hydro are mature technologies. We believe the market can take the lead on this at this point."


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