ITIF – Further Energizing Innovation: Federal Energy RD&D in FY23 and Beyond
In a moment of turmoil in global energy markets and an era of relentless climate disruption, clean energy innovation must remain a national priority for the United States. The Energy Act of 2020 and the bipartisan infrastructure bill in 2021 set the stage for a major expansion of federal investment. Now the Biden administration proposes to build on these achievements in fiscal year 2023 with a 32 percent government-wide increase in clean energy innovation appropriations compared to FY 2021 levels. The ball is now in Congress’s court to debate whether the administration’s proposal is appropriately sized and balanced.
Please join ITIF for the release of the Center for Clean Energy Innovation’s annual report on the federal energy RD&D budget and an expert panel discussion of key priorities.