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White House seeks to cut federal building emissions 30% by 2030

By Timothy Gardner WASHINGTON (Reuters) - The White House on Wednesday launched the first standard on cutting carbon emissions from federal buildings as part of the Biden...
White House seeks to cut federal building emissions 30% by 2030 © Reuters. FILE PHOTO: U.S. Energy Secretary Jennifer Granholm speaks during a meeting at the State Department in Washington, U.S., February 7, 2022. Andrew Harnik/Pool via REUTERS/File Photo/File Photo/File Photo
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By Timothy Gardner

WASHINGTON (Reuters) - The White House on Wednesday launched the first standard on cutting carbon emissions from federal buildings as part of the Biden administration's policy on curbing climate change.

The Federal Building Performance Standard requires federal agencies to cut energy use and electrify equipment and appliances to achieve zero emissions in 30% of their buildings by square footage space by 2030. U.S. President Joe Biden wants federal buildings to be emissions free by 2045 as part of his goal of decarbonizing the economy by 2050.

To get there, agencies will be buying American-made products such as heat pumps, electric water heaters and other energy efficiency technologies, the White House said. The U.S. government is the largest owner and operator of buildings in the country.

The standard could be overturned by an incoming president should have a different policy on climate change.

But Brenda Mallory, head of the White House's Council on Environmental Quality, told reporters that administration officials expect efforts to progress as efficiency saves money. "Once we are underway on these plans they really make so much sense for the federal government in terms of the cost, in terms of really reducing both our footprint and the impacts that our operations are causing," she said.

The Department of Energy also said on Wednesday it is seeking public comments on a proposed rule that would set emissions reductions targets and more electrification in new federal buildings as well as federal buildings undertaking major renovations. The rule is expected to save $8 million a year in federal building costs.

The moves are the latest in a growing push to slash natural gas use in all U.S. buildings, including commercial and residential, which account for more than a third of the country's greenhouse gas emissions, when heating them is considered, said U.S. Energy Secretary Jennifer Granholm.

"We will be setting a gold standard for new construction all across America," Granholm said.

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EUR/USD

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GBP/USD

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AUD/USD

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Adidas AG

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Deutsche Lufthansa AG

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Siemens AG Class N

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
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SJC 1c, 2c, 5c7,380/ 7,550
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