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New Government-Wide Initiative Will Reduce Federal Energy Costs, Create Jobs, and Cut Emissions Today, the Biden-Harris Administration announced the Climate Smart Buildings Initiative, which will leverage public-private partnerships to modernize Federal buildings to better meet agencies’ missions, create good-paying jobs, and cut greenhouse gas (GHG) emissions. Through this initiative, the government will dramatically expand its…

Treasury Department Estimates that Strategic Petroleum Reserve Releases by President Biden and International Partners Reduced the Price of Gasoline by up to 40 Cents Per Gallon Today, the Biden Administration announced that it is releasing the next Notice of Sale to supply additional barrels of crude oil from the Strategic Petroleum Reserve (SPR) onto the…

Today’s announcement that Panasonic Energy plans to invest $4 billion and create 4,000 jobs in a lithium-ion battery factory in De Soto, Kansas, is the latest example that the Biden-Harris economic strategy to bring manufacturing jobs back home is working. Over the last year, construction of new manufacturing facilities has increased by 116 percent. Industrial…

Following the further invasion of Ukraine, Russia continues to use natural gas as a political and economic weapon.  Russia’s energy coercion has put pressure on energy markets, raised prices for consumers, and threatened global energy security. This was most recently demonstrated by the politically motivated acute disruptions of gas supplies to several European Union Member…

White House Convenes Governors, Labor Leaders, and Private Companies to Boost Offshore Wind Supply Chains, Lower Energy Costs, and Support Manufacturing Jobs  Today, the White House is joining with eleven governors from up and down the East Coast to launch a new Federal-State Offshore Wind Implementation Partnership that will accelerate the growing offshore wind industry.…

The U.S.-EU Task Force on European Energy Security met virtually on June 22, 2022 convened by co-chairs Amos Hochstein, U.S. Senior Advisor for Energy Security, and Björn Seibert, Head of Cabinet of the European Commission President, and under the leadership of Ditte Juul Jørgensen, European Commission Director General for Energy, and Melanie Nakagawa, Special Assistant…

On June 17, 2022, President Biden convened his third Major Economies Forum on Energy and Climate (MEF) to build on the progress achieved at COP 26 by further strengthening climate action while also addressing urgent energy and food security concerns arising from Russia’s further invasion of Ukraine.  Participants shared steps they are taking to strengthen their national climate efforts, and…