The Institute for Supply Management (ISM) reported that its Chicago Business Barometer™ soared in December to its highest level since July 1988, representing the 15th consecutive month of expansion. Furthermore, Midwest production reached its highest level since October 2004 and new orders have returned to 2005 levels.
Congress and the news media continue to focus almost completely on the question of where we will find new sources of conventional but clean energy. Yet, the surprising insight is that the robustness of our economy squarely depends on more productive investments in energy efficiency. Indeed, the overwhelming emphasis today on new energy supplies is “crowding out” a meaningful national dialogue and progress on achieving greater efficiency in an economy that today wastes 87% of the energy we use.
Three Studies All Find that Long-Term Greenhouse Gas Emissions Limits Can be Met without Harming the U.S. Economy
<p>On Tuesday June 15, 2010, three studies were released on the impacts of the <a href="/topics/american-power-act-2010">American Power Act (APA)</a> as developed by Senators Kerry and Lieberman. The three studies also integrated in all or many aspects of the <a href="/topics/acela">American Clean Energy Leadership Act (ACELA)</a> as developed by the Senate Energy Committee. All three studies found that impacts of this bill on the U.S. economy would be minimal.
ACEEE continues to work hard on efficiency policies at the federal level and has made some progress, but the big question is whether a comprehensive federal energy and/or climate change bill will be able to move forward this year.
America's Anemic "13 Percent Economy:" Experts Warn U.S. Risks Long-Term Growth by Focusing on New Energy at Expense of More Energy Efficiency
Washington, D.C. — What will play the biggest role in future U.S. economic growth: the new energy that we find … or the energy that we avoid using?