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Contrary to traditional energy efficiency strategies, which often focus on small-scale procurement and installation of efficient products, the goal of market transformation is to produce new patterns of "business as usual" for all actors in the marketplace. [7]
Increased energy efficiency and weatherization spending has a high return on investment. [26] On August 4, 1977, President Jimmy Carter signed into law The Department of Energy Organization Act of 1977 (Pub. L. 95–91, 91 Stat. 565, enacted August 4, 1977), which created the United States Department of Energy (DOE). [27]
For example, each quarter the United States releases data on gross domestic product (GDP). This economic indicator allows investors to analyze the performance of the US economy over the previous three-month period, and make comparisons against the previous year. How fast the US economy grows can have a significant impact on market behavior.
The development of renewable energy and energy efficiency marked "a new era of energy exploration" in the United States, according to former President Barack Obama. [9] In a joint address to the Congress on February 24, 2009, President Obama called for doubling renewable energy within the following three years.
Today in Energy: Informative content published every weekday that includes a graph or map and a short, timely story written in plain language that highlights current energy issues, topics, and data trends. [7] This Week in Petroleum: Weekly summary and explanation of events in United States and world petroleum markets, including weekly data. [8]
The American Clean Energy and Security Act of 2009 (ACES) was an energy bill in the 111th United States Congress that would have established a variant of an emissions trading plan similar to the European Union Emission Trading Scheme. The bill was approved by the House of Representatives on June 26, 2009, by a vote of 219–212.
Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% ...
In February 2023 the United States Department of Energy proposed a set of new energy efficiency standards that, if implemented, will save to users of different electric machines in the United States around 3,500,000,000$ per year and will reduce by the year 2050 carbon emissions by the same amount as emitted by 29,000,000 houses. [27]