Biden Is Stalling On A Rule That Would Save Americans Nearly $1.5 Billion

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Alexander Kaufman is a senior reporter at HuffPost, based in New York. He covers energy and climate change. A two-time winner of the SEAL Environmental Journalism Award, he has filed stories from the Arctic and the Amazon, Europe and East Asia.

With just over six months before the election, at least one major Biden proposal appears to be stalled: an update to the federal housing rules that agency experts estimate would save homeowners nearly three times more money on energy bills than it would add to construction costs, spread out over a 30-year mortgage.Changing those housing rules would impact about 160,000 new houses and condos built each year in some of the nation’s fastest-growing — and most expensive — housing markets.

“This has been long overdue,” said Lowell Ungar, the director of federal policy at the watchdog American Council for an Energy-Efficient Economy. “Each month of delay means thousands more homes with poor insulation, leaving residents with high energy bills for decades. Getting this done will lower families’ overall housing costs.”

By the time Biden took office, building codes had quietly become a new battleground in the fight to transition to cleaner energy. how houses are built in the whole country. While industry representatives could weigh in on updates to the ICC’s codebook, only officials from elected governments could vote on the final product.

There’s no obvious reason for the rule to be stalled. While the final draft is not out, the language on the OIRA’s website indicated that the agency returned the proposal to HUD without any major changes.

Source: Energy Industry News (energyindustrynews.net)

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