On the recordApril 29, 2015
The purpose of this amendment is to increase the funding for the U.S.-Israel Energy Cooperation program from the current $2 million to $4 million. This critical program allows companies across the U.S. to develop cutting-edge technologies with new partners in Israel in order to advance America's energy goals. Furthermore, the U.S.-Israel Energy Cooperative Agreement facilitates greater cooperation and sharing of knowledge between American and Israeli universities on alternative energy. Collaboration between the American and Israeli private sector and academia will significantly enhance U.S. efforts to develop alternative technologies and increase energy efficiency to the benefit of our national security, our economy, and the environment. Let me be clear, this is not an aid program, but instead a cooperative agreement designed to connect the U.S. and Israeli private sectors in the development of innovative technologies to strengthen our energy security and independence. Reauthorized in 2014 through 2024, the cooperative energy program mandate was expanded to cover collaborative research and development into renewable technologies, natural gas, and water--key areas of interest for the United States.…





