The Biden administration announced its latest regulatory action targeting home appliances late Friday, this time targeting popular home gas-powered furnaces. The Department of Energy (DOE) said the energy efficiency regulations would slash household utility costs by $1.5 billion on an annual basis while reducing greenhouse gas emissions from the residential sector. The proposal, according to the agency, require non-weatherized gas furnaces and those used in mobile homes to achieve a far higher level of efficiency than cheaper models on the market. "At the direction of Congress, DOE is continuing to review and finalize energy standards for household appliances, such as...