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Clean electricity standard carries $1.8T upside study Source: By Miranda Willson, E&E News reporter • Posted: Monday, July 12, 2021
A new study reports that health and climate benefits from an 80% clean energy standard would exceed costs. Pixabay/Pexels. Smallman12q/Wikipedia. ulleo/Pexels.
A national clean electricity standard would save thousands of lives and yield other health and climate benefits that would outweigh the policy’s costs, according to a first-of-its-kind study.
Establishing a standard to reach 80% carbon-free power by 2030 would improve air quality enough to avert an estimated 317,500 premature deaths and generate health benefits totaling $1.13 trillion between now and 2050, said the analysis, released today through Syracuse University’s Clean Energy Futures project. Power sector greenhouse gas emissions would also fall by 98% from 2005 levels over the same period, the study projected offering an
Executive Summary The United States’ recent Nationally Determined Contribution (NDC) submission to the United Nations promises to achieve greenhouse gas reductions of 50-52 percent from 2005 levels by 2030 and establishes a goal of “100 percent carbon pollution-free electricity by 2035.” An analysis of a prominent regulatory proposal indicates that while an aggressive regulatory framework […]
Irfan Khan/Los Angeles Times via Getty Images
It’s possible to imagine the United States in 2030, if the country pulls off President Joe Biden’s climate ambitions.
Every last one of the nation’s 191 coal power plants is closed or on its way out, and natural gas in the power sector is rapidly declining. Renewables power more than half of our electricity needs, and offshore wind turbines and large utility-scale solar installations are a common sight. A majority of new car sales are zero-emission electric vehicles, while most or all of the bus fleet has transitioned to electricity. Gas-powered appliances and buildings in new construction are a thing of the past.
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