DOE has released a new report demonstrating that the
American Recovery and Reinvestment Act and related
programs have helped boost small businesses in the clean
energy industry with $5.4 billion in grants so far. Companies
involved in wind and solar power, biofuels, and energy
efficiency are among the recipients.
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Crude oil, taxes, refining, distribution and marking are the four main components that make up the retail price of a gallon of gasoline. (Source: EIA)
Today’s challenges of reducing greenhouse gas emissions while meeting the country’s steadily rising demand for electricity make it essential for legislatures and public utility commissions to shift their focus toward mechanisms that make demand reduction as profitable for utilities as increasing supply. (Source: Institute for 21st Century Energy)
In 2007, renewable sources of energy accounted for about 7% of total U.S. energy consumption and 9.4% of electricity generation. (Source: EIA)
