Accelerating clean energy solutions that improve the economy, national security and the environment
Energy is a key pillar of our lives–it runs our cars, charges our computers and powers our factories. Globally, energy use is expected to increase 35 percent over the next 25 years, driven almost entirely by demand due to increases in electricity use and vehicle fleets. The growing need for energy around the world is likely to make it an ever more precious commodity–forcing up prices and increasing global instability. Additionally, the world’s energy sector is responsible for approximately 70 percent of global carbon emissions, the direct cause of climate change.
A business-as-usual approach to energy policy threatens global economic competitiveness, national security and the environment. We must fundamentally transform the manner in which we produce, distribute and consume energy if we are to reduce dependence on foreign oil, create jobs, enhance global competitiveness and decrease carbon emissions.
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U.S. businesses need consistent and equitable federal policy to continue innovating, manufacturing, and competing in the growing global energy economy, which is expected to attract $7.7 trillion in private investment by 2030—65 percent of which probably will come from renewable sources. Pew’s Clean Energy Business Network (CEBN) provides industry leaders with an opportunity to... Read More
The industrial sector is responsible for about a third of the energy consumed in the United States, and 20 to 50 percent of the fuel used for generation is lost as waste heat. Read More
The Obama administration announced June 19 a proposed rule calling for increased fuel efficiency of and reduced tailpipe emissions from medium- and heavy-duty vehicles. This is good news for businesses and consumers, who stand to benefit from significant fuel cost savings. The rule, if passed, would also help the environment through reduced carbon pollution. Read More