Obama Administration FY 2015 Budget Proposal: Sustainable Energy, Buildings, Transportation and Climate
Summary
The Obama administration's FY 2015 budget proposal emphasizes a "all of the above" energy strategy and the 2013 Climate Action Plan. Key financial highlights include a $1 billion Climate Fund for community adaptation, a $56 billion resilient infrastructure package, and a 26 percent increase in Department of Transportation funding to address an $86 billion maintenance backlog. The budget proposes making renewable energy tax credits permanent and eliminating $4 billion in fossil fuel subsidies. Significant funding increases are directed toward the DOE's Office of Energy Efficiency and Renewable Energy ($2.3 billion) and various sustainable transportation and building initiatives, while the EPA's overall budget is reduced by 3.8 percent.
Key insights
- The FY 2015 budget proposal includes a $1 billion Climate Fund to assist local communities with adaptation and recovery from extreme weather events, alongside a $56 billion infrastructure package designed to create "resilient infrastructure that would help our communities prepare for the effects of climate change."
- The administration proposes eliminating $4 billion in fossil fuel subsidies and seeks to make tax credits for renewable energy production permanent.
- The Department of Energy (DOE) budget request is $27.9 billion, representing a 2.6 percent increase over FY 2014. Within the DOE, the Office of Energy Efficiency and Renewable Energy (EERE) budget is proposed to increase by nearly 22 percent to $2.3 billion, while the Office of Fossil Energy would decrease by 8.8 percent to $711 million.
- The Department of Transportation (DOT) request is $90.9 billion, a 26 percent increase over 2014, intended to address an $86 billion maintenance backlog and fund energy-efficient transportation. This includes a $6.8 billion increase for the Federal Transit Administration and a $7.6 billion increase for the Federal Highway Administration.
- The Environmental Protection Agency (EPA) budget request of $7.890 billion is a 3.79 percent decrease from FY 2014, although the specific request for addressing climate change and improving air quality increased by $41 million to $1.03 billion.
- The Department of State requested $401 million for international organizations supporting climate resilience and renewable energy in developing nations, including $201 million for the Clean Technology Fund and $136.6 million for the Global Environment Facility.
- The USDA budget includes the creation of a $954 million emergency disaster fund for fire-fighting, as fire suppression costs have grown from 13 percent of the U.S. Forest Service budget 10 years ago to over 40 percent in 2014.
Cite the original document
- APA
- Environmental and Energy Study Institute (2014). Obama Administration FY 2015 Budget Proposal: Sustainable Energy, Buildings, Transportation and Climate. https://www.eesi.org/files/IssueBrief_Budget_030714.pdf
- Chicago
- Environmental and Energy Study Institute. Obama Administration FY 2015 Budget Proposal: Sustainable Energy, Buildings, Transportation and Climate. 2014. https://www.eesi.org/files/IssueBrief_Budget_030714.pdf.
- Wikipedia
- {{cite report |author=Environmental and Energy Study Institute |title=Obama Administration FY 2015 Budget Proposal: Sustainable Energy, Buildings, Transportation and Climate |date=March 2014 |url=https://www.eesi.org/files/IssueBrief_Budget_030714.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{environmentalandenergystudyinstitute2014obama, author = {{Environmental and Energy Study Institute}}, title = {{Obama Administration FY 2015 Budget Proposal: Sustainable Energy, Buildings, Transportation and Climate}}, institution = {Environmental and Energy Study Institute}, year = {2014}, month = mar, url = {https://www.eesi.org/files/IssueBrief_Budget_030714.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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