Talk about flying under the radar! While the White House and Congress are in gridlock, with the legislative body doing everything they can to ensure that nothing is being done about climate change, a number of provisions that were included in the 2007 Energy and Security Act that was passed during the Bush administration are quietly being used to produce enormous energy savings for the American people.
According to a white paper by the American Council for an Energy Efficient Economy (ACEEE), actions that have already been taken, are planned, or that are now underway, could have a net present value, through 2040, of $2.6 trillion. That’s roughly equivalent to the entire US government tax revenue for the year 2013. It also equates to 34 billion metric tons of carbon dioxide and a reduction of energy consumption equivalent to 3.4 million barrels a day. For comparison purposes, the US has been emitting somewhere between 5 and 6 billion metric tons per year since 1990 and imports roughly 9 million barrels of oil per day. That works out to an annual reduction in emissions exceeding 20%.
Image Credit: Jeff Simms: Flickr Creative Commons
RP Siegel, author and inventor, shines a powerful light on numerous environmental and technological topics. He has been published in business and technical journals and has written three books. His third, co-authored with Roger Saillant, is Vapor Trails, an eco-thriller that is being adapted for the big screen. RP is a professional engineer – and a prolific inventor, with 50 patents, numerous awards, and several commercial products. He is president of Rain Mountain LLC and is an active environmental advocate in his hometown of Rochester, N.Y. In addition to Justmeans, he writes for Triple Pundit, ThomasNet News, and Energy Viewpoints, occasionally contributing to Mechanical Engineering, Strategy + Business, and Huffington Post. You can follow RP on Twitter, @RPSiegel.
KEYWORDS: Energy, ACEEE, US Government, DOE, EPA, hud, Dept. of Agriculture, World Meteorological Organization, appliance standards, vehicle standards, power plant standard, housing policies