Analysis of the Climate Change Technology Initiative
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1999-04-01
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Abstract:In February 1999, the Administration sent its fiscal year 2000 budget request to the U.S. Congress. It includes more than $4 billion in programs related to climate change. Nearly $1.8 billion of the funding is proposed for tax incentives, research and development, and other spending for the Climate Change Technology Initiative (CCTI). CCTI includes tax credits to serve as incentives for energy efficiency improvements and renewable technologies for buildings, light-duty vehicles, industry, and electricity generation. Other funding covers research, development, and deployment for energy-efficient and renewable technologies, more efficient generating technologies, and carbon sequestration research.
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