Full Title: Bending the Curve: Implementation of the Energy Independence and Security Act of 2007
Author(s): Lowell Ungar, Garrett Brinker, Therese Langer, and Joanna Mauer
Publisher(s): American Council for an Energy-Efficient Economy (ACEEE)
Publication Date: 10/2015
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The Energy Independence and Security Act of 2007 (EISA) was remarkable in its genesis and its impacts. This ambitious bill was passed by bipartisan majorities in a Democratic-led Congress and signed by a Republican president. It sought to reduce our nation’s dependence on oil and address climate change in large part through energy efficiency, including vehicle fuel economy standards, equipment efficiency standards, major new efficiency programs, and federal energy management.
These measures have helped change the trajectory of energy use in the United States. We now estimate that by 2030 EISA will reduce total annual energy use by 8 quadrillion Btu (roughly 8% of projected energy use), reduce oil use by almost 3 million barrels a day (15%), and cut annual carbon dioxide emissions by 550 million tons (10%). The law will save money as well. We estimate total net savings over $2 trillion (net present value of savings after investments for the lifetime of measures through 2040).