The so-called “Earthshot” goal from the Energy Department also aims to reduce the upfront cost of cutting emissions from affordable homes by half over the same time period.
It is one of several energy and climate-related research and development goals laid out by the administration.
According to the Energy Department, almost a third of the country’s planet-warming emissions come from buildings. Millions of U.S. households also fell behind on their energy bills last year.
“The windows, walls, and roofs that protect our families from the elements and keep us healthy and safe are some of the most effective tools we have to lower our utility bills fight climate change and advance environmental justice,” Energy Secretary Jennifer Granholm said in a statement.
While the research and development goals are unlikely to generate much political pushback, the administration’s other efforts to decarbonize homes — especially efforts to mandate that new appliances be more efficient — have spurred controversy.
Welcome to The Hill’s Energy & Environment newsletter, we’re Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains.
The Department of the Treasury announced sanctions against two shipping companies Thursday, one based in Turkey and the other in the United Arab Emirates, over allegations they violated international price caps on Russian oil.
The United Auto Workers (UAW) expanded its ongoing strike against major automobile manufacturers Wednesday after a Ford truck plant in Kentucky joined the strike, the union announced.
Many protestors concerned about climate change stormed the stage where U.S. Transportation Secretary Pete Buttigieg was being interviewed Thursday in Baltimore.
Consumer prices rose 0.4 percent in September and 3.7 percent annually, according to data released Thursday by the Labor Department. A 10.6-percent spike in gasoline costs last month was a factor that drove overall inflation higher.
President Biden is scheduled to visit Philadelphia on Friday to discuss the energy transition and climate change. Multiplenews outlets have reported that he will announce funds for hydrogen energy “hubs.”
What We’re Reading
News we’ve flagged from other outlets touching on energy issues, the environment and other topics:
World “less likely than ever” to meet Paris Agreement goal: new analysis (Axios)
Human rights experts warn against European crackdown on climate protesters (The Guardian)
How efforts to protect an Indigenous oasis almost led to its demise (Grist)
Former President Trump risks potential backlash in the Republican presidential primary over his criticism of Israeli Prime Minister Benjamin Netanyahu in the wake of the Hamas terror attacks in Israel. Read more
