Obama Announces $4 Billion Plan To Cut Buildings’ Energy Consumption 20 Percent

President Obama and former president Bill Clinton announced a program today to improve building energy efficiency 20 percent by 2020, injecting $4 billion into achieving Clinton’s Better Building Challenge. Since commercial and residential buildings account for 40 percent of national energy use, this move would scale back the country’s energy footprint. Officials estimate the plan would save $40 billion in the long run while creating jobs over the next two years.