Renewable Energy Cuts Far Out of Proportion
The Senate Appropriations Committee slashed funding for the Rural Energy for America Program (REAP) in the Agriculture Appropriations Bill for FY2012. The Committee reduced overall funding from $75 million in FY2011 to $38.5 million in FY2012. REAP funding was already reduced in 2011 by 25% as the program continues to bear a disproportionate share of budget cuts. (more…)
President Obama’s proposed 2011 budget slates Farm Bill clean energy programs for some needed growth. The Administration released its budget in early February, and in it the President boosts next year’s funding level for REAP to its highest level ever: $109 million. The budget adds $39 million of discretionary funding on top of the $70 million in “mandatory” funding in the 2008 Farm Bill. 