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Tag: economic stimulus

Congressional Unveiling of Major Energy Savings and Carbon Reduction…

Congressional Unveiling of Major Energy Savings and Carbon Reduction…

Do you want to save 4.48-7.95 million metric tons (MMT) of carbon annually (equivalent to removing approximately between 3-5.4 million automobiles annually)? Do you want to save 25 to 42 Terawatt hours (billion kWh) per year (equivalent to 3 to 6 nuclear power plants or 6 to 10 coal-fired plants)? Do you want to drive innovation and spur technology? If you do, see NEMA’s newly unveiled consensus agreement outdoor lighting standard. Today, Senator Bingaman, Senator Murkowski, Senator Read more [...]
One Step at a Time

One Step at a Time

This week we saw something that hadn’t happened in over a year: growth in real GDP. Indeed, real GDP expanded 3.5 percent on an annualized basis during the third quarter, bolstered by consumer spending, business equipment spending, housing construction and exports. In a bit of a statistical quirk inventories declined sharply yet again, but since the rate of liquidation was smaller than in Q2, it actually contributed a bit to topline growth. The results weren’t a complete surprise given Read more [...]
The $14 Trillion Question

The $14 Trillion Question

Times like these can test an economist's mettle. Since everyone seems to be interested in hearing the answer to one question, namely "Is the recession over?", it helps when you can give with some degree of confidence a reply of yes (or no). Moving from recession to recovery is not a process that follows a pre-determined script; however, recent economic data have made the task of identifying business cycle turning points even more complicated for people such as myself and only help to Read more [...]
HPB Congressional Caucus Issues Recommendations on Federal Buildings Acquisitions

HPB Congressional Caucus Issues Recommendations on Federal Buildings Acquisitions

Several days ago the High Performance Building Congressional Caucus issued a series of recommendations regarding Producing High-Performance Federal Buildings.  The first one on the list asks Congress to require that for all Acquisitions of Federal Buildings True Life-Cycle Analysis and Decision - Making be performed.  The second would require total building commissioning for all the federal Building Stock. When translated into legal language this would change the way business is conducted Read more [...]
Fact Versus Fiction on Energy Storage Systems

Fact Versus Fiction on Energy Storage Systems

Often, important emerging technologies get caught up in misconstrued facts and misunderstandings of capacities and roles in an already technology-driven and confusing world. An example of this can be found in a recent op-ed in the Washington Post, "Getting Real on Wind and Solar" by James Schlesinger and Robert Hirsch. It's great they included a reference to energy storage systems (ESS) as a necessary component of the smart grid architecture for renewable energy. And they're right Read more [...]
Billions of Dollars for Energy-Efficient and Smart Grid Technologies

Billions of Dollars for Energy-Efficient and Smart Grid Technologies

On February 17, 2009, President Obama signed the economic stimulus bill, which aims to rejuvenate the struggling U.S. economny.  Within this bill were many NEMA-supported provisions.  For the past several months, NEMA met with President Obama's staff and Hill staff to secure funding for NEMA's priority programs.  The bill contains billions of dollars that will benefit NEMA members.  A quick rundown of the NEMA-advocated provision are; $4.5 billion for smart grid related Read more [...]
The Next Shoe to Drop

The Next Shoe to Drop

So far the big news in real estate remains the depression-esque performance of the housing market. And with good reason, since the plunge in housing prices and surge in foreclosures has precipitated much of the economic mess we are now in. However, the commercial side of the real estate market is emerging as another area of concern. To date, most of the pain has been felt on the transaction and financing side of commercial real estate deals as data show industrial, office and lodging construction Read more [...]
$68.5 Billion in Stimulus for Grid-Related Projects

$68.5 Billion in Stimulus for Grid-Related Projects

Now that the house has sent its version of the stimulus to the Senate, we at NEMA have been able to take a closer look at how the various programs will assist the electroindustry. I estimate that about 30 programs will get $68.5b in the form of direct grants, loan guarantees, or tax incentives, as shown in the chart above. From Energy Star to Transportation Electrification, the will be a marked increase in government support at all levels.   This chart shows the same pot of money, now split Read more [...]