In a letter to President Barack Obama, 34 Nobel Prize-winning scientists emphasized the importance of increased and stable funding for a proposed Clean Energy Technology fund as part of a climate-change bill. Many are concerned that the legislation in its current form would include only a small portion of the $150 billion that Obama proposed for such a fund. "An effective national climate policy must be able to foster the development of new technologies, in a time frame that makes sense," says Mike Walls, ACC's vice president for regulatory and technical affairs. "Support for research-and-development activities is a critical component of that effort."

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