Powering Productivity Act: Modernizing Energy Measurement
This bill aims to improve energy performance and transparency in the United States by modernizing how energy productivity is measured and accounted for. It mandates the publication of baseline assessments and quarterly reports that analyze the relationship between energy inputs and economic or societal value.
Key points
Development of a national baseline assessment and methodology for measuring energy productivity at national, regional, and sectoral levels.
Introduction of quarterly 'Energy Productivity-IQ' reports measuring energy productivity based on economic output.
Requirement for periodic assessment of the impacts of accelerated energy productivity improvements on competitiveness, energy costs, public health, and water use.
Establishment of an Energy Productivity Task Force comprising federal agency representatives and independent experts.
Analysis of risks associated with delayed action, including stranded asset exposure and competitiveness losses.
Status:
Introduced
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