Sequestration Threatens Future of Energy Innovation and GDP Growth

The sequester, if applied evenly across the board to all discretionary programs, will dramatically restrict the growth of the clean energy industry by withdrawing support for innovation, which is necessary to achieve breakthrough improvements in cost-competitiveness and performance of new energy technologies. To see advancements in the clean energy industry, to qualify past and current investments in energy innovation worthwhile, and to prevent significant losses to GDP, government support for energy innovation must not be retracted.