Energy Secretary Steven Chu announced that the
Department of Energy is awarding more than $155 million in
funding under the American Recovery and Reinvestment Act
for 41 industrial energy efficiency projects across the country.
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)
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.
Fossil fuels provide more than 85% of all the energy consumed in the US, nearly two-thirds of our electricity, and virtually all of our transportation fuels. (Source: DOE)
The United States makes up 5% of the world's population and accounts for 25% of total energy use.
