Historic Energy Efficiency Rules Would Save Consumers Money and Cut Carbon Emissions
September 4, 2013
Energy efficiency is one of the clearest and most cost-effective opportunities to save families money, make our businesses more competitive, and reduce greenhouse gas emissions.
In President Obama’s first term, the Energy Department established new minimum efficiency standards for dishwashers, refrigerators, and many other products. Through 2030, these standards will cut consumers’ electricity bills by hundreds of billions of dollars and save enough electricity to power more than 85 million homes for two years.
To build on this success, the President set a new goal in his Climate Action Plan: Efficiency standards for appliances and federal buildings set in the first and second terms combined will reduce carbon pollution by at least 3 billion metric tons cumulatively by 2030—equivalent to nearly one-half of the carbon pollution from the entire U.S. energy sector for one year—while continuing to cut families’ energy bills.
On August 29, the Energy Department took steps towards achieving this new goal by issuing two proposed rules that could cut energy bills by up to $28 billion and cut emissions by more than 350 million metric tons of carbon dioxide over 30 years. This reduction in carbon dioxide emissions would be the equivalent of taking nearly 109 million new cars of the road for one year. Or put another way, the energy saved from these proposed rules would be equal to the amount of electricity used by 50 million homes in a year. For the complete story, see the Energy Blog.