A few years ago a little-known US Energy Department program helped produce a design technology for lightweight cars and trucks that in 2004 alone saved the nation 122 million barrels of oil, or about $9 billion.
Even without that breakthrough, the tiny Industrial Technologies Program routinely saves the United States $7 worth of energy for each dollar it spends, proponents say.
So, with energy prices spiking and President Bush pushing for more energy research, the ITP would seem a natural candidate for more funding. In fact, its budget is set to get chopped by a third from its 2005 level. It’s one of more than a dozen energy-efficiency efforts that the Energy Department plans to trim or eliminate in a $115 million cost-saving move.
If Congress accepts the Energy Department’s proposed 2007 budget, it will cut $152 million - some 16 percent - from this year’s budget for energy-efficiency programs. Adjusting for inflation, it would mean the US government would spend 30 percent less on energy efficiency next year than it did in 2002, the ACEEE says.
I don’t support ‘starving the beast’ when it is taken to extremes and functional programs are cut, especially to save a small sum of money like $115 million, which is very little in federal budget terms. Will private investments into conservation make up for this shortfall or do private companies not have the initiative to invest in conservation technology? I support Bush’s attempt to invest in newer, cleaner technologies but not cutting of conservation programs.