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$200 Million in Energy Efficiency Funding

President Obama will propose $200 million in his next budget for a "Race to the Top" program rewarding states that pursue energy efficiency, asking Congress to put teeth on an initiative to help the US use less electricity. The proposed energy-efficiency funding would "support state governments that implement effective policies to cut energy waste," specifically measures such as modernizing utility rules and building codes to encourage efficiency and standardizing financing for energy-efficiency upgrades. Congress would have to vote to fund the initiative, but the administration believes it can work with lawmakers to implement the new effort under existing law, without authorizing any new programs.

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