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PDF _ RL33599 - Energy Efficiency Policy: Budget, Electricity Conservation, and Fuel Conservation Issues
8-Aug-2006; Fred Sissine; 37 p.

Abstract: Energy efficiency issues include research and development (R&D) priorities, funding for climate-related efficiency programs, implementation of equipment efficiency standards, regulation of vehicle fuel efficiency, and electricity industry ratemaking for energy efficiency profitability. The Bush Administration has proposed an Advanced Energy Initiative (AEI) to accelerate hydrogen programs. For the Department of Energy’s (DOE’s) energy efficiency R&D programs, the Administration seeks $484.7 million, with increases for Hydrogen and Hybrid/Electric Propulsion. The request would cut $74.8 million from the Weatherization Program and eliminate controversial funding earmarks. The Housepassed version of the FY2007 Energy and Water Appropriations Bill (H.R. 5427) would fund AEI and cut earmarks. The Senate Appropriations Committee has also approved AEI funding and would cut earmarks even further than the House. Energy efficiency programs have long been justified for the ability to reduce petroleum use and curb environmental impacts such as air pollution. This made it economically and administratively convenient to have them also serve as part of a low cost “no regrets” policy to reduce greenhouse gas (especially CO2) emissions.

In addition to DOE funding, H.R. 5386 would provide about $100 million for the Environmental Protection Agency’s energy efficiency program, and the Senate Appropriations Committee’s version of H.R. 5522 would provide about $200 million for energy efficiency-related programs in developing countries.

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Topics: Energy, Climate Change, Government

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