Saturday, August 17, 2019

Why The Green New Deal Cuts Consumer Energy Costs & Unemployment

The Green New Deal is a proposal to transition the United States entirely to clean, renewable, zero-emission energy in all energy sectors, to promote removal of carbon from the air through natural reforestation and land preservation, and to create jobs. By focusing on renewable energy that is both clean and zero-emission, the Green New Deal reduces, in one fell swoop, energy insecurity due to the fossil fuel and nuclear industries, 62,000 deaths and millions more illnesses annually from US energy-related air pollution, and the US’ contribution to global warming.

Critics claim, though, that the Green New Deal is unaffordable and uneconomical and will sink the US into more debt. Having led the research team that developed science-based plans to transition each of the 50 states to 100% wind, water, and solar (WWS) in all energy sectors (electricity, transportation, heating and cooling, and industry), we conclude the opposite is true: the benefits of clean energy systems greatly exceed the costs. 10 other independent research groups similarly find that 100% renewable energy systems are low cost without fossil fuels with carbon capture or nuclear power.

However, a 100% transition of all energy sectors by 2030, while technically and economically possible and desirable, may not occur that fast for social and political reasons. As such, we have consistently proposed a goal of 80% transition by 2030 and 100% no later than 2050 and hopefully earlier. The electricity sector, for example, can transition by 2035. If accomplished worldwide, this goal limits global warming to 1.5 degrees Celsius.
Continue reading: Why The Green New Deal Cuts Consumer Energy Costs & Unemployment

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