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Doing the Math on Green Energy

Larry O'Hanlon, Discovery News
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To counter that perception, Repetto decided it was time to bring together 27 specific economic models that have been created in recent years -- each integrating a much larger amount of economic research -- and let people judge for themselves.

"It's based not on one particular analysis but on all of them," stressed Repetto to Discovery News.

At very least, the interactive highlights the key variables that affect the greening of the U.S. economy, he said.

"The conclusion stated in the text is very much in line with the recent McKinsey report on carbon mitigation," said Roel Snieder, a geoscientist working on climate change issues at the Colorado School of Mines.

"This report clearly shows that many measures to reduce carbon emissions actually pay for themselves."

The main point is that for many steps in changing the U.S. economy, the cost is negative, Snieder told Discovery News.

"This is a complicated way of saying that we are making money," said Snieder. "This also means that there are business and career opportunities available."


Related Links:

Larry O'Hanlon's blog: Earth Impacts

See for Yourself: How Reducing Greenhouse Gas Emissions Would Affect U.S. Economy

Planet Green

McKinsey report on carbon mitigation

 
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