Obama and Murkowski Back Green Tech Cash

photo credit: TakverAt first blush, the White House and a top Senate Republican both like the idea of steering money from oil-and-gas development on federal lands and waters into green energy R&D.

President Obama on Tuesday urged Congress to create an “Energy Security Trust” that would direct some revenues into technologies that help wean cars and trucks off of oil, like electric vehicles.

Turns out Sen. Lisa Murkowski (R-Alaska), the Senate Energy and Natural Resources Committee’s top Republican, is pitching a version of the same thing.

Her plan, part of a wider energy blueprint unveiled last week, would create an “Advanced Energy Trust Fund” to seed initiatives on renewable power, advanced vehicles and other green tech.

Read more from this story HERE.