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Jesse Jenkins Weighs in on the Energy Innovation Budget Builder

Guest post by Jesse Jenkins, MIT graduate researcher and former Director of Energy and Climate Policy at the Breakthrough Institute.

ITIF recently unveiled an interesting new interactive budget tool based on data directly from the Energy Innovation Tracker entitled the Energy Innovation Budget Builder. Specifically, the Budget Builder allows users to allocate up to $50 billion across five innovation phases and see how their ideal budget compares to the actual federal FY2012 distribution.

Consistent with the recommendations in the October 2010 report, “Post-Partisan Power” co-authored by energy analysts at the Breakthrough Institute, Brookings Institution and American Enterprise Institute (including myself), I used the Budget Builder to craft a hypothetical budget that would devote U.S. clean energy innovation funds as follows:

http://energyinnovation.us/build/?picks=11500,2000,0,5000,6500,6750,1250,0,3000,4000

JJ energy innovation budget2

  • Double federal investments in basic energy sciences from about $1.5 billion today to $3 billion. Devote a considerable portion of this increased budget to more use-inspired basic science meant to remove basic science barriers to unlock breakthrough energy innovations, including roughly $300 million in annual funding to scale up the Energy Frontier Research Centers (EFRC) program over the coming years (EFRCs are currently funded
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