More energy plans from Obama
President Barack Obama announced further plans to increase energy efficiency within the country.
Energy-efficient lighting was a major point of emphasis for the president, as Obama outlined benefits for lighting a building effectively. These include eliminating 594 million tons of emissions from 2012 through 2042; an annual energy savings for the country of as much as $4 billion per year starting in 2012; and an annual electricity savings for the country between 2012 and 2042 to power every home in the United States for up to 10 months.
Building efficiency was another important subject for Obama, as he announced how nearly $350 million will be invested in a wide variety of developments and research studies. The largest of those projects is advanced systems building research, which was granted $100 million to investigate the design, integration, and control of both new and existing buildings. It is hoped that with this research, designers and engineers will soon be able to develop integrated, high-performance buildings while producing a net zero-energy.
Other financed projects include nearly $54 million on commercial building initiatives, almost $73 million on building and appliance transformation, and $50 million on solid state lighting research and development.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey