Fanning joins a group of America’s leading business executives who came together in 2010 to promote energy innovation.
Widespread public sector investment in basic energy technology is critical to complement private investment and drive long-term economic growth in America and globally.
The hearing will address a range of energy reform legislation, including reauthorization and reform of the America COMPETES Act, originally passed in 2007.
Energy innovation is a rising priority in the U.S., as Congress acted on legislation that will guide federal science and R&D investments for years to come.
The America COMPETES Act enhances U.S. competitiveness in energy, science, and technology by sustaining public investments in R&D.
Public investment in energy RD&D remains less than one-half of one percent of the annual nationwide energy bill.