Sen. Alexander: Double DOE research funding, end wind credit to grow revenues

By Zack Colman - 

12/3/12

Sen. Lamar Alexander (R-Tenn.) said Congress should double the Energy Department’s (DOE) research and development funding to generate breakthroughs that would reduce oil dependency and close the federal deficit.

Alexander said he would pay for part of that $6 billion bump by eliminating a tax incentive for wind power production that he has long opposed. 

“I’d take the $14 billion we’re spending over five years on windmills and put it in energy research. ... That’s a mature technology. We know how to put those up,” Alexander said Monday at a Washington, D.C., event hosted by Securing America’s Future Energy.

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