The manufacturing sector is critically important to the U.S. economy, and this is reflected in the Obama administration’s FY 2014 budget request. The $365 million request for industrial energy efficiency through DOE’s Advanced Manufacturing Office (AMO) shows a strong commitment to manufacturing.
“Tax reform” is becoming one of the key catchphrases this election season. With support from both Democrats and Republicans, actual work on legislation is likely to take place in 2013. Key elements of reform are likely to include simplifying the tax code and reducing marginal tax rates by eliminating many credits and deductions.
ACEEE and the Alliance for Materials Manufacturing Excellence (AMMEX) remain impressed with the President’s focus on the importance of manufacturing to the American economy.
Study: Energy Efficiency Loan Financing Proving to be a Low Risk Investment with Large-Scale Potential
Energy Efficiency Loan Programs Default Rates Range from 0–3% and Remained Largely Unchanged During Housing Bubble Collapse
Last Thursday, the Energy Information Administration (EIA) announced cuts in Energy Data and Analysis Programs resulting from the Fiscal Year 2011 Budget deal. While the 14% annual cut looks small, because we are half-way through the fiscal year, this translates into a much larger cut for the remainder of the year, which ends in September.
Analysis of 2005 Energy Policy Act Shows Markets Transformed and Doors Opened to Further Legislation
The President’s FY2012 budget request last week contained the latest piece of positive news for manufacturing policy. In marked contrast to the growing number of funding cuts for other government programs, the President’s request for the Industrial Technologies Program (ITP) at the Department of Energy (DOE) is over 300% higher than the last congressionally approved budget (FY2010).
Washington, D.C. — The Obama Administration demonstrated its support for energy efficiency through better data collection with the release of its 2011 budget request on February 2, 2010. A new report from the American Council for an Energy-Efficient Economy released today, Where Have All the Data Gone? The Crisis of Missing Energy Efficiency Data, applauds this commitment and encourages Congress and the Administration to think comprehensively about better funding for the statistical agencies that collect energy data.
The Department of Energy released their budget request for fiscal year 2011 today. While the Office of Energy Efficiency and Renewable Energy's budget is slated for a slight increase, the Industrial Technologies Program's budget request is the same as 2010's request — $100 million (although the actual 2010 budget as passed by Congress was only $96 million).
We are disappointed that the request is not higher. ACEEE recommends that the ITP budget should be $150 million, closer to the funding a decade ago.