DOE Announces $18.5 Billion In Energy Savings and Celebrates First Year Results of Better Climate Challenge
New Report Recognizes Public and Private Sector Partners for Accelerating Climate Solutions and Significantly Cutting Harmful Greenhouse Gas Emissions,” which summarizes the achievements of DOE’s Better Buildings public and private sector partners since the initiative’s inception in 2011.
Public and private organizations in the U.S. spend about $200 billion each year to power commercial buildings and another $200 billion for industrial energy. On average, between 20% and 30% of the nation’s energy is wasted. Through the Better Buildings Initiative, DOE partners with public and private sector stakeholders to pursue ambitious portfolio-wide energy, waste, water, and/or emissions reduction goals and publicly share solutions.
partners have committed to reducing greenhouse gas emissions by at least 50% over 10 years without the use of offsets. Over the past year, DOE worked with these partners to develop emissions reduction frameworks to guide their efforts at the portfolio level. Partners have reported on nearly 1 billion square feet of buildings and 1,500 industrial plants, and are averaging a 21% reduction in GHG emissions from their base year.
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