Look Ahead at Congress: Effects of Sequestration on the Energy Industry

Biofuels, Coal Power, Electric Vehicles, Energy Efficiency, Energy Storage, Fossil Fuels, Natural Gas, Nuclear Power, Oil, Power & Utilities, Renewables, Smart Grid, Solar Power, Wind Power

Sequestration refers to a package of automatic $1.2 trillion across-the-board spending cuts that is a part of the 2011 Budget Control Act (BCA), passed in August 2011.  The spending cuts would affect some 1200 government programs, including those that fund energy research and development initiatives. The cuts are scheduled to begin on January 2, 2013…...