Existing Energy Efficiency Technologies Could Provide Major Savings

Energy efficiency technologies that exist today or that are likely to be developed in the near future could save considerable money as well as energy, says a new report from the National Research Council.  Fully adopting these technologies could lower projected U.S. energy use 17 percent to 20 percent by 2020, and 25 percent to 31 percent by 2030. Achieving full deployment of these efficiency technologies will depend in part on pressures driving adoption, such as high energy prices or…

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New CBO Report: “The Costs of Reducing Greenhouse Gas Emissions”

The Congressional Budget Office (CBO) last week published a new issue summary examining the likely economic burden to be imposed by the reduction of greenhouse gas emissions. “The Costs of Reducing Greenhouse Gas Emissions” specifically discusses the economic costs of reducing greenhouse-gas emissions in the U.S., describing the main determinants of costs, how analysts estimate those costs, and the magnitude of estimated costs. The brief also illustrates the uncertainty surrounding such estimates using studies of H.R. 2454, the American Clean…

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