US, Others Launch $350M Energy Efficiency Programs

Law360, New York (December 14, 2009, 5:04 PM EST) -- Speaking at the Copenhagen climate conference on Monday, U.S. Secretary of Energy Steven Chu announced a series of new programs, backed by $350 million in international funding, that are designed to boost renewable energy and efficiency technologies in developing nations.

The programs — collectively called the Renewables and Efficiency Deployment Initiative, or Climate REDI — seek to encourage the use of the technologies in developing countries in order to lower greenhouse gas emissions, combat energy poverty and improve public health, said Chu, who presented the programs...
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