January 26, 2011 / 6:27 PM / 9 years ago

US already halfway to Obama's clean energy goal

WASHINGTON, Jan 26 (Reuters) - The United States is already halfway to meeting President Barack Obama’s goal of generating 80 percent of the nation’s electricity from clean energy sources by 2035, U.S. Energy Secretary Steven Chu said Wednesday.

To help reach that goal the president will propose in his new federal budget spending more than $8 billion on clean energy, including making solar power cost-competitive with fossil fuels by the end of the decade, Chu told reporters at a briefing on the president’s energy plans. (Reporting by Tom Doggett)

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