Measure aims to boost federal funding of scientific research
U.S. Rep. Lamar Smith (R-TX), the Science, Space and Technology Committee chairman, introduced a bill on Wednesday that aims to keep the U.S. scientifically competitive.
The bill, the America Creating Opportunities to Meaningfully Promote Excellence in Technology, Education and Science (COMPETES) Reauthorization Act of 2015, re-establishes the federal government as the catalyst for basic research by increasing funding by 5 percent for agencies that conduct fundamental discovery science.
“To remain competitive, we need to make sure our priorities are funded and that taxpayer dollars are spent wisely,” Smith said. “The America COMPETES Reauthorization Act of 2015 funds innovative science and prioritizes taxpayer investments in basic research, without increasing overall spending.”
The bill, aiming to be fiscally responsible, balances the funding increases with cuts to programs that focus on later-stage technology development and commercialization activities, with the belief that these endeavors are better-suited for the private sector.
“American researchers are falling behind in critical areas such as supercomputing and particle physics, and we risk losing our lead in nanotechnology, the health sciences, advanced nuclear reactor technology and other crucial areas,” Smith said.
“To reverse this trend, the America COMPETES Act increases investments for basic energy research at the Department of Energy, as well as critical research in biology, chemistry, physics, computer science, engineering and mathematics at the National Science Foundation.”
The committee is scheduled to consider the bill on Wednesday.
More Stories
- DUKE ENERGY: Renewables acquires 144-MWac Pflugerville Solar project in Texas from Canadian Solar
- WINDESCO: WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy's 145 Megawatts Acquired Wind Plant
- ACWA POWER: Signs three agreements for the first foreign investment based independent wind power project in Azerbaijan
- CAPITAL DYNAMICS: Exits 108-Megawatt Beacon II and V Solar Portfolio in Kern County, California
- KEMP: Combines 4th Generation Technology to Produce Offshore Wind Power Structures
- TRANSALTA RENEWABLES: Announces the Acquisition of 303 MW Portfolio including 274 MW of Wind from TransAlta Corporation
- DOMINION ENERGY: Files Construction and Operations Plan for Coastal Virginia Offshore Wind Project
- DYNAMIC ENERGY: Celebrates Completion of Solar Project for The Miyoshi Kasei Group
- Dominion Energy, BrightSuite Partner with Sun Tribe to Bring Solar to 21 Schools Across Virginia
- GEORGIA POWER: Receives first nuclear fuel shipment for Vogtle Unit 3