How Obama's budget would boost spending on the smart grid

04/15/2013 | Greentech Media · Forbes

The 2014 budget submitted by President Barack Obama proposes a $200 million fund for smart grids and other energy-efficiency technology, David Groarke of GTM Research writes. The "Race to the Top"-style fund would be based on state governments reaching certain performance goals. "By rewarding state innovations for energy productivity, this proposal forges a new kind of federal-state partnership that will accelerate the transition to more efficient, less polluting energy sources, reduce household energy costs and cut harmful pollution – including climate-changing greenhouse gas emissions," said Elgie Holstein of the Environmental Defense Fund.

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Greentech Media · Forbes

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