Financial Incentives for Energy Efficiency
Congress continues to make headway on two major pieces of legislation—energy efficiency tax incentives and climate change legislation—in this election year. Action on extending the tax incentives has passed the House and is under consideration in the Senate, which makes extension legislation possible in 2008. However, the picture for passage of climate change legislation is murkier.
Washington, D.C. — The American Council for an Energy-Efficient Economy (ACEEE) today released a comprehensive ranking of state-level energy efficiency policies. The State Energy Efficiency Scorecard for 2006 graded each state and the District of Columbia on actions they have taken in the race to adopt energy efficiency policies, programs, and technologies.
The results of November's election will increase the chances of new energy efficiency legislation in 2007. Public opinion polls show voters concerned about rising U.S. dependence on imported energy and about global warming. Even President Bush is reportedly thinking of addressing these problems in his State-of-the-Union address later this month. The incoming Congressional leadership has pledged to do more to advance efficiency and renewables than was accomplished in the last Congress.