Energy Department Announces Largest Energy Efficiency Standard in History
The U.S. Department of Energy on December 17, 2015 announced historic new efficiency standards for commercial air conditioners and furnaces. Developed with industry, utilities, and environmental groups, these standards will save more energy than any other standard issued by the Department to date. Over the lifetime of the products, businesses will save $167 billion on their utility bills and carbon pollution will be reduced by 885 million metric tons. “Just days after the Paris agreement to cut global emissions and create a new era of affordable energy, today’s announcement marks the largest energy-saving standard in history and demonstrates that America is leading the effort to reduce energy costs and cut carbon emissions,” said Energy Secretary Ernest Moniz. “This rule also shows that strong public-private partnerships can reap environmental and economic dividends and drive technology breakthroughs. These standards are a direct result of the Energy Department’s negotiated rulemaki...