INSIGHTSSERIES
Power & Utilities | Energy Efficiency
September 23, 2024
Federal and State Initiatives Target Building Emissions in Push for Net-Zero Future
Reducing energy consumption in buildings and switching to low-carbon energy sources will help achieve national and state climate goals.
There is a growing focus on reducing the contributions of buildings to greenhouse gas emissions in order to accelerate progress toward a net-zero carbon future. Buildings account for about… Read the full report
Key Takeaways
- The U.S. Energy Department has finalized a rule to phase out on-site fossil fuel use in new and renovated federal buildings.
- The Biden administration is allocating millions to states for modernizing building energy codes, and has made significant progress in updating appliance efficiency standards.
- The 2022 Inflation Reduction Act’s $8.8 billion in home energy rebates for states, tribes, and territories have begun to roll out, with New York becoming the first to launch its program.