Obama Allots $346 Million for Efficiency, Research

President Obama joined Secretary of Energy Steven Chu Monday in announcing new regulations designed to cut carbon emissions and energy use with efficient technology, along with $346 million from the stimulus bill for efficiency research.

The regulations specifically target lighting, which the Department of Energy says consumes seven percent of all energy we use. While compact-fluorescent bulbs and incandescent lighting aren't the most inherently exciting subjects, the DOE says the new regs will curb 594 million tons of CO2 and eliminate the need for 14 coal-fired power plants—over the next 30 years.

While 594 million tons is a huge chunk of carbon, over the next thirty years it will equate to less than one half of one percent of our total carbon footprint. Americans regularly emit around 15.6 trillion pounds—about 78 billion tons—of carbon every year. In other words, the energy department's plan is a step in the right direction, but it's a minuscule one.

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