President Obama delivered a speech in California on Friday touting new efforts on energy efficiency and solar power. Obama unveiled executive actions boosting spending on renewable energy and announced a series of commitments from private and public groups.
President Obama: “Two years ago, I ordered $2 billion in energy upgrades to federal buildings. Today, I’m ordering an additional $2 billion in upgrades over the next three years. And these upgrades will create tens of thousands of construction jobs and save taxpayers billions of dollars. The Department of Energy is putting a new efficiency standard — set of efficiency standards in place that could save businesses billions of dollars in energy costs and cut carbon pollution, and it’s the equivalent of taking about 80 million cars off the road.”