ARPA-E, the federal program that backs revolutionary energy research and that even Mitt Romney supported during the 2012 campaign, emerged with about $100 million less than the Obama administration wanted when the fiscal year 2014 budget was finally put to bed [PDF].
A year of threats from the House had thousands expecting budget cuts as deep as 20 percent by those determined to drown government science in the bathwater.
The Solyndra collapse was a punch to the gut in the Obama administration's efforts to forge a new green economy, but the administration is making a case that not all the news these days is bad.
With budget battles looming, the U.S. Department of Energy (DOE) made a preemptive strike in support of one of its boldest clean-energy programs, the Advanced Research Project Agency-Energy (ARPA-E), detailing how six projects that received $23.6 million in seed funding had gone on to pull in more than $100 million in venture capital investment.
With $2.25 million from the federal government, Gerhard Welsch is getting the opportunity to turn his not-so-new ideas into reality - and he has the rise of electric vehicles to thank for it.