Wednesday, June 28, 2017

President Trump’s Secret Love For Renewables and Clean Tech Revealed In New $32 Million Fund For Small Biz

President Trump’s Secret Love For Renewables and Clean Tech Revealed In New $32 Million Fund For Small Biz

President Trump recently revealed his true feelings about renewable energy when he envisioned securing US borders with a wall topped by solar panels. The root concept is that renewables can pay for themselves, but it’s a bit of a stretch to imagine that they can pay for massive new infrastructure projects as well. Be that as it may, the Trump Administration is forging ahead with another round of $32 million in funding for small business, a good chunk of which is going to support companies with big plans for pushing the renewable energy envelope.


Considering that the central policy-making philosophy of the Trump Administration appears to consist of destroying programs and initiatives identified with the former President Obama, there’s a heavy dose of irony to the new round of $32 million in clean tech funding.


The monies come from the Energy Department’s Small Business Innovation Research and Small Business Technology Transfer programs. Businesses that received funding can qualify to receive additional rounds of funding. As emphasized in the press release, “most of the projects that have advanced into Phase II were previously selected for Phase I funding” under the Obama Administration.


So, funding for small clean tech business is one of the few areas in which the Trump Administration is following through on Obama era programs. Go figure.


Full story at http://bit.ly/2rW4XN3


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