The Energy Department helped start a revolution and doesnt know who to hand it off to
As the Obama administration prepares to leave office, it is seeking to underscore just how much has changed in the last eight years in the way we get energy and to take some credit for it.
Since 2008, costs for wind and solar have plunged by 40 and 60 percent, respectively, according to an analysis provided by the Energy Department. Thats even as the United States has installed 100 gigawatts, or billion watts, of generating capacity in the two technologies combined (75 gigawatts of wind, 25 of solar).
Meanwhile, we now have 500,000 electric vehicles on the road, thanks largely to a 70 percent drop in battery costs. The federal government cant take credit for all of this (industry invested too, states also promoted renewable energy, and so on), but it helped drive much of it through research investments over decades, said David Friedman, the Energy Departments acting assistant secretary for energy efficiency and renewable energy.
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But the timing for this message, which overlaps heavily with a report that the Department released shortly before the 2016 election, couldnt be more challenging. In a month, a new administration will take over, guided by a president who talked extensively on the campaign trail about reviving the glory days of fossil fuels.
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