Number: RL34497 Title: Advanced Research Projects Agency - Energy (ARPA-E): Background, Status, and Selected issues for Congress Authors: Deborah D. Stine, Resources, Science, and Industry Division Abstract: Several bills propose methods of funding ARPA-E directly through a revenue source other than direct appropriations. Some experts have testified that funding ARPA-E through a mechanism that differs from the usual single-year appropriations process would enhance its ability to conduct risky research without being subject to the annual appropriations cycle, political and financial pressures, and resource fluctuations that might stifle innovation. Three climate change bills (S. 2191, S. 3036, H.R. 6186) propose long-term funding for ARPA-E as part of a cap-and-trade program. Two energy bills (H.R. 6067, H.R. 6709) propose exchanging Strategic Petroleum Reserve (SPR) crude and direct SPR funds from a prior sale, with some of the resulting funding directed to fund ARPA-E. Two other energy bills (H.R. 6670, H.R. 6817) would use Outer Continental Shelf oil and gas lease revenues to fund ARPA-E. Pages: 13 Date: August 12, 2008