Full Title: Issue Brief: Obama FY2016 Budget Proposal: Sustainable Energy, Buildings, Transportation and Climate
Author(s): Environmental and Energy Study Institute (EESI)
Publisher(s): Environmental and Energy Study Institute (EESI)
Publication Date: February 1, 2015
Full Text: Download Resource
Description (excerpt):
On February 2, 2015, President Obama released his $4 trillion fiscal year (FY) 2016 budget proposal for the federal government. The request includes $563 billion for non-defense discretionary spending – $5 billion over FY 2015 enacted levels. The budget reflects the administration’s “all of the above” energy strategy, as well as its continued focus on
addressing climate change and investing in infrastructure. The proposed 2016 budget increases the Department of Energy’s (DOE) funding by 9 percent over 2014 enacted levels, raises the Environmental Protection Agency’s (EPA) budget by 5.5 percent, and hikes the Department of Transportation’s (DOT) funding by 31 percent.
The proposal invests $7.4 billion in clean energy technology programs across all agencies, led by DOE, the Department of Defense (DOD), the National Science Foundation (NSF), and the Department of Agriculture (USDA). Other highlights include a proposed $4 billion Clean Power Plan Incentive Fund to encourage states to go beyond their minimum carbon reduction requirements, as well as $1.29 billion for the Global Climate Change Initiative (GCCI), which supports multilateral and bilateral international efforts to combat climate change. Transportation programs include a new $7.5 billion Critical Immediate Investments Program and a $7.4 billion increase for the Federal Transit Administration (a 67 percent increase).
This issue brief outlines the Obama administration’s FY 2016 budget request for several clean energy and infrastructure programs within key agencies.