US budget drops fossil fuel subsidies

In total, the 2011 budget provides $28.4 billion for the Department of Energy to support scientific innovation, develop clean and secure energy technologies, maintain national security and reduce environmental risk. President Obama submitted the budget to Congress for approval on Monday, February 1.However, funding has been eliminated “for programmes that provide inefficient fossil fuel subsidies that impede investment in clean energy sources and undermine efforts to deal with the threa