Manufacturing Matters – Leading In Clean Energy

The initiative hopes to:

1. Increase U.S. competitiveness in the production of clean energy products—a key economic opportunity for America to innovate, compete and lead the way in a growing global marketplace.

2. Increase manufacturing competitiveness by increasing energy productivity in the U.S. manufacturing sector. This includes the use of advanced manufacturing technologies, implementation of energy efficiency measures, the capture of combined heat and power opportunities and taking advantage of low-cost natural gas to help American manufacturers across the board compete in the global marketplace.

More here: eere.energy.gov/energymanufacturing

Conversely, the Washington Post reported on how Goldman Sachs feels U.S. manufacturing isn’t coming back.

“We have not yet seen a material pickup in output in the parts of the manufacturing sector that should benefit most from low natural gas prices, such as aluminum, steel, plastics, basic chemicals, and fertilizer and other agricultural products,” writes Goldman’s Jan Hatzius. “At least so far, the benefits from the increase in U.S. energy production seem to have been confined to the direct effects on output and income.”