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Clean electricity standard carries $1.8T upside — study - Governors' Wind Energy Coalition


Governors Wind Energy Coalition
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 projec ....

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Climate change action during uneven recovery risks leaving low-income people behind


In uneven economic recovery, climate action risks leaving some behind
Illustration: Aïda Amer/Axios
A year ago, almost all of us were grappling with the unknowns of the pandemic. Today, some of us are doing just fine, while others are still reeling.
Why it matters: This split-screen economy, called a K-shaped recovery, highlights the risk facing politicians, including President Biden, as they rally around bold climate action. If new climate laws aren’t inclusive of those less well off in America and around the world, they risk exacerbating inequality.
The big picture: In a K-shaped recovery, the arm of the K represents higher income people who can work from home and shield themselves from the pandemic’s health and economic harm relatively easily. In fact, the wealth of those on the K’s arm has been growing over the past year as the stock market grew. ....

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