Energy Dept. Proposes New Regs To Cut Bills By $28B

Law360, Los Angeles (August 29, 2013, 9:03 PM EDT) -- The U.S. Department of Energy on Thursday proposed new rules intended to improve energy-efficiency standards for commercial refrigeration products, including restaurant-size fridges, and cut energy bills by up to $28 billion by 2030, the agency said.

The new guidelines could cut carbon dioxide emissions by more than 350 million metric tons over the next three decades, the annual equivalent of taking 109 million new cars off the road or cutting electricity usage in 50 million homes, the energy department said.

The proposals come roughly two months...
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