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DOE’s Grant Terminations and the Role of the Government in Energy R&D
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DOE’s Grant Terminations and the Role of the Government in Energy R&D
Washington’s latest energy-policy controversy centers on the Department of Energy’s (DOE) recent decision to cancel billions of dollars in grants, including subsidies for clean energy and greenhouse-gas-reduction projects. As companies appeal and policymakers debate the validity of these cancellations, it is worth considering the proper role of government in promoting energy innovation.
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