IDT Energy in New York wants to keep its customers informed on the latest news in the American struggle to greater use of environmentally friendly energy sources while at the same time becoming more independent of energy sources outside the U.S.
On May 7, 2009 a detailed outline of the upcoming $26.4 billion budget for the Department of Energy in the fiscal year of 2010 was announced by the U.S. Secretary of Energy Steven Chu. Secretary Chu highlighted Barak Obama’s administration’s commitment to innovative science, breakthrough technologies and groundbreaking discoveries which will lead the U.S. to more reliable, clean, safe and secure energy; stimulate job creation and be kinder and gentler to our precious environment.
Not only adding funding to projects that promote energy independence and job creation, the budget also cuts back on projects that have proved inadequate or no longer useful.
Steven Chu explained,
"The President's budget for energy reflects his commitment to ending our dependence on foreign oil, restoring our scientific leadership, and putting Americans back to work through investments in a new green energy economy. It also demonstrates his commitment to using taxpayer dollars wisely—cutting spending on programs we don't need so we can make strategic investments in our economic future."