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February 03, 2010

News and Events

President Obama: Federal Government to Cut GHG Emissions 28% by 2020

A 2009 Executive Order that requires federal agencies to cut their greenhouse gas (GHG) emissions will result in a 28% overall reduction by 2020. The figure is the aggregate of targets set by 35 federal agencies, which will comply by increasing their use of energy efficiency and renewable energy.

DOE Requests $2.4 Billion for Renewable Energy, Efficiency in FY 2011

The President's proposed budget for fiscal year (FY) 2010 includes $2.36 billion for the DOE Office of Energy Efficiency and Renewable Energy, a 5% increase over last year's funding. The budget also includes $3-5 billion in loan guarantees for renewable energy and energy efficiency projects.

Ag and Interior Departments Propose to Boost Clean Energy Funding

The U.S. Departments of Agriculture and Interior are proposing increased funding for clean energy programs in fiscal year 2011, including a 24% increase for Interior's renewable energy programs. But for Agriculture, the greatest boost in funds may come from a redirect of existing funding.

DOE Closes $1.4 Billion Loan to Nissan

DOE has closed a $1.4 billion loan with Nissan North America, Inc. The automaker will use the funds to build a battery pack manufacturing plant and to retool a Tennessee factory so that it can build the LEAF, an all-electric vehicle.

Transportation Department Awards $8 Billion for High-Speed Rail

The U.S. Department of Transportation is awarding $8 billion to lay the foundation for a nationwide high-speed rail system. California will get funds to begin a corridor connecting Los Angeles and San Francisco, while Florida will start a Tampa-Orlando link.

DOE and EPA Join States to Speed Progress on U.S. Energy Efficiency

DOE and the U.S. Environmental Protection Agency (EPA) are leading an effort to create a new State Energy Efficiency Action Network, which will help states achieve their maximum cost-effective energy efficiency through targeted technical assistance.

Energy Connections

Under the Copenhagen Accord, 55 Countries Agree to Cut GHG Emissions

Countries representing 78% of all global greenhouse gas (GHG) emissions from energy use have submitted their national pledges to the United Nations. The pledges mark the first follow-up to the Copenhagen Accord, an agreement reached in Copenhagen, Denmark, in December 2009.