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FOR IMMEDIATE RELEASE
March 4, 2014
Contact: Laura Tierney
Email: [email protected]
Office: 202.785.0507

Statement on President’s FY 2015 DOE Budget
Clean Energy Industries Support Commitment to Clean Energy

Washington, DC — The Business Council for Sustainable Energy (BCSE) released the following statement from President Lisa Jacobson in reaction to the release today of the President’s FY 2015 Department of Energy Budget:

“The Business Council for Sustainable Energy supports the President’s strong commitment to clean energy programs as reflected in his FY 2015 Budget.

“The President made clear in his State of the Union speech a commitment to an energy strategy that supports a low-carbon future and the need to act to mitigate the effects of climate change.

“The Council’s business members believe that sustained federal investments in the Department of Energy’s clean energy programs are benefiting taxpayers. According to the BCSE-Bloomberg New Energy Finance Sustainable Energy in America Factbook natural gas and renewable energy provided over 40 percent of U.S. electricity generation in 2013, down slightly from 2012, but up 10 percent since 2007. At the same time, U.S. energy use has fallen 5 percent from 2007 to 2013, while GDP is estimated to have grown by 6 percent. This demonstrates the increased energy productivity of the U.S. economy.

“Clean energy generation sources and energy efficiency improvements have driven U.S. greenhouse gas emissions down nearly 10 percent since 2005, dramatically reversing decades of increases. The U.S. is now more than halfway to reaching President Obama’s goal of a 17 percent reduction from 2005 levels by 2020. This progress has been made with the contributions of energy efficiency, renewable energy and natural gas and has benefited from significant federal investments in these sectors.”

Download the full press release here.