Dive Summary:
- President Barack Obama has signed an executive order that establishes a national goal of 40 GW of new combined heat and power capacity by 2020.
- According to the White House, this goal could help save manufacturers up to $100 billion over the next decade.
- The order dictates that agencies accomplish their goals by providing state emission-reduction benefits and incentives, employing output-based approaches as compliance options, and expanding participation in energy-reduction companies.
From the article:
President Obama has signed an executive order aimed at boosting investments in energy efficiency in the industrial sector. The order establishes a national goal of 40 GW of new combined heat and power (CHP) capacity by 2020, which could help save manufacturers up to $100 billion over the next 10 years, according to a White House press release.
The order says that the industrial sector makes up more than 30% of all energy consumed in the U.S., and increasing investments in energy-efficient CHP systems, which provide both thermal energy and electricity, at factories will significantly lower the industrial sector's energy costs. ...
