DOE has announced additional details of its new "SunShot
Initiative," which aims to reduce the total costs of
photovoltaic (PV) solar energy systems by about 75% before
the end of the decade so that PV systems are cost
competitive with other forms of energy.
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)
The United States makes up 5% of the world's population and accounts for 25% of total energy use.
Electricity generation accounts for about 40% of total U.S. energy consumption. (Source: Institute for 21st Century Energy)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Public policies such as appliance and vehicle efficiency standards and building codes are responsible for at least 20% of the improvement in the US's energy intensity--energy use per unit of GDP. (Source: Institute for 21st Century Energy)
