In its report, the American Energy Innovation Council (AEIC), originally founded in 2010 and now comprised of executives in the energy, technology, chemicals and aerospace industries, makes a powerful argument for a robust federal role in energy research and development funding.
- Invest $16 billion a year in advanced energy innovation.
- Fund the Advance Research Projects Agency-Energy (ARPA-E) at $1 billion per year, but at least $400 million per year in fiscal year (FY) 2020.
- Make the Department of Energy (DOE) work smarter—along the ARPA-E model where appropriate.
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