WASHINGTON, D.C. — The American Council for an Energy-Efficient Economy (ACEEE) today expressed deep disappointment in the U.S. Department of Energy's (DOE) funding cuts for energy efficiency. Core efficiency research and development funding, outside of grant programs, fell by $88 million, or 14% compared to the FY 2004 level.
WASHINGTON, D.C. — The American Council for an Energy-Efficient Economy (ACEEE) joined industrial leaders today in calling for significant new federal action on energy efficiency. A January 20 letter from 11 chemical industry CEOs challenged President Bush and leaders of Congress to address the unfolding crisis in our nation's "go-to" energy source—natural gas.
Beset by growing deficits, a sluggish economy, and Administration priorities that shift funds in other directions, federal funding for energy efficiency has slipped in recent years. From a high of $896 million in Fiscal Year 2002, funding fell to $887 million in FY 2003, and the budget request for FY 2004 is $866 million. The House voted $894 million for 2004, and the Senate is expected to approve $862 million, so the final number is likely to be between those figures.
Washington, D.C. — The House Interior Appropriations Subcommittee yesterday approved an 8% increase in U.S. Department of Energy (DOE)'s energy efficiency funding for Fiscal Year 2003. "This is an encouraging step towards energy security, a stronger economy, and cleaner air," said ACEEE's Executive Director Steven Nadel. "For the Subcommittee to increase efficiency funding in one of the toughest fiscal climates in years is a vote of confidence in efficiency's key role in our energy policy."