Advanced Energy Initiative

“Keeping America competitive requires affordable energy. And here we have a serious problem: America is addicted to oil, which is often imported from unstable parts of the world. The best way to break this addiction is through technology. Since 2001, we have spent nearly $10 billion to develop cleaner, cheaper, and more reliable alternative energy sources -- and we are on the threshold of incredible advances.”

President George W. Bush
January 31, 2006

In his 2006 State of the Union Address, President Bush announced the Advanced Energy Initiative and proposed a 22 percent increase in funding for clean energy technology research at the Department of Energy. The Initiative supports new transportation and power technologies that will help achieve significant reductions of oil imports, lead to substantial reductions in air pollution and greenhouse gas emissions, and increase economic and energy security. We will change how we power our homes and offices by increasing investments in zero-emission coal-fired plants, revolutionary solar and wind technologies, and clean, safe nuclear energy. We will also change how we power our cars by improving batteries for hybrid and plug-in hybrid vehicles, making cellulosic ethanol cost-competitive with corn-based ethanol by 2012, and by accelerating the development of zero-emission cars that run on hydrogen.

For more information visit /stateoftheunion/2006/energy/
Fact Sheet: /news/releases/2006/05/20060524-4.html