A Green Economy Is Affordable, Stronger, and More Prosperous

The US energy industry will invest $3 trillion in power plants, refineries, and other energy infrastructure over the next 20 years. Will this investment amplify the industry's existing contribution to the accelerating global-climate-change induced ecological-economic disaster or create a carbon-neutral, stronger more prosperous renewable energy economy and society? McKinsey & Company's analysis of 250 technologies to reduce global warming concluded that we can accomplish the reduction without a net cost to the economy (Dec. 2007). The EPA's economic analysis of the Lieberman-Warner Climate Security Act concluded that the cost of reducing global warming pollution will have an imperceptible effect on economic output (July 2007). The bottom line: we can avoid the biggest environmental and humanitarian crisis in human history without disrupting economic growth and create a stronger more prosperous economy in the process. As Fortune 500 company executives' interest and support for national polices required to accelerate the implementation of green energy technology, but will government live up to its systems management responsibilities and implement a smart and powerful set of the needed policies? That is the legislative challenge ahead.
See Frances Beinecke's commentary (President of the NRDC): http://www.onearth.org/article/a-strong-economy-is-a-green-economy
McKinsey Report:
http://www.mckinsey.com/clientservice/ccsi/pdf/Greenhouse_Gas_Emissions_Executive_Summary.pdf
Only EPA Report found in search of EPA site:
http://www.epa.gov/climateleaders/documents/events/dec2007/Reid_Harvey.pdf


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