Obama Says Budget Must Support Clean Energy

SustainableBusiness.com News

President Obama on Monday began what is to be a week-long publicity push in support of his federal budget proposal. Of the four primary objectives within the budget, he began by highlighting the importance of developing the nation's clean energy supply.

Speaking to entrepreneurs and research leaders in Washington D.C. he said the United States most transition from being the world's largest importer of foreign oil to being the world largest exporter of alternative energy technology.

Obama's budget, which has received strong criticism over the last few weeks, includes close to $75 billion over 10 years to make a tax credit permanent for alternative energy research and experimentation.

Obama plans to make his budget pitch with a prime-time news conference today.

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