Policy Measures Driving Energy Efficient Practices In North America

North America Energy Efficiency Policy Handbook,save consumers' money.
2010: Policy Measures Driving Energy Efficient The provisions in the clean energy bills and
Practicesbudget allocations will drive the energy efficiency
 programs in the US.
 This report provides an in-depth analysis of the 
policy initiatives in the US and Canada. It details Stimulus Package of American Recovery and
the key policy instruments adopted by the USReinvestment Act (ARRA) has Boosted the
and Canadian governments and analyzes theEnergy Efficient Appliance and Building Markets in
different forms of incentives and subsidiesthe US during Recession
provided for the development of energy efficient 
technologies. The report analyzes financial The ARRA was passed in 2009 and has
instruments such as tax reforms, subsidies, loansencouraged significant investment in energy
and other types of incentives. The report detailsefficiency and renewable energy in the US. The
the market-based instruments such as certificatesrecovery act was intended to provide a stimulus
driving the energy efficiency appliance market.to the ailing, recession-hit American economy. A
The report discusses in detail the energymajor portion of the stimulus package for the
efficiency measures being taken by the industrial,energy sector was focused on energy efficiency
residential, tertiary and transportation sectors ofand renewable energy measures.
each country. The report assesses the key It was estimated that approximately 47% of
regulations and policies and their impact on thethe overall stimulus package of $16.8 billion went
growth of the energy efficient appliance market.towards energy efficiency measures. ARRA has
The report also discusses the role of the publicalso extended the tax incentives which were part
sector in the deployment of energy efficiencyof Energy Policy Act 2005 (EPACT). ENERGY
measures. The report suggests investmentSTAR rated appliances are also eligible for Federal
decisions in building equipment, heating, ventilatingTax Credits. ARRA has encouraged the purchase
and air conditioning (HVAC), lighting, automotiveof ENERGY STAR-rated appliances, new furnaces,
equipment and boiler suppliers by describing thewindows and insulation for the energy efficient
trends and information on various policyupgrade of homes.
instruments by country. ( ) 
  The Canadian New Energy Efficiency Act is
 Focus on Reducing Carbon Emissions Driveaimed at strengthening the Country's ENERGY
Energy Efficiency Programs in the USSTAR rated Appliances Market
 Several regulations in US have been developed 
in order to encourage the deployment of The Canadian government has planned to
renewable source and energy efficiencyrigorously pursue energy saving targets through
measures. The ‘American Clean Energy andenergy efficiency measures. As a part of the
Security Act' has provisions to reduce carbonplan, the government has proposed amendments
emissions by decreasing the country'sto the Energy Efficiency Act in order to enhance
consumption of fossil fuels. The consumption ofthe standards for energy consuming equipment
energy from fossil fuels can be decreased byappliances. Windows and doors, as well as
increasing the energy produced from renewablethermostats and other energy-system control
sources or by saving energy.devices, are among the applications eligible for the
 new standards. The amended act facilitates the
 Energy efficiency measures can be used todevelopment of standards to reduce the energy
reduce the energy consumed from fossil fuels,consumption from televisions, microwaves, CD
which is why the US climate bills has provisions toplayers and computers. The new act is expected
drive energy efficiency measures. The existingto drive technologically advanced products with
provisions in HR 2454 for energy efficiencybetter energy performance. The stringency of
measures could save $400 billion by 2030 andthe new standards and the need for compliance
nearly $470 billion by 2050. The investments inwill drive the energy efficient appliance market in
energy efficiency measures will also create jobs,Canada.
ensure energy security, drive innovations and