Big Benefits From Clean Energy Standard – Study
Estimated Climate Benefits Of Clean Energy Standars Are Large, Outweigh Costs
July 12, 2021 (Clean Energy Futures Project)
“…[An illustrative 80×30 clean electricity standard (CES)] shows that achieving the Biden Administration’s clean electricity goal through a CES would have modest costs and large benefits…[and if congress shifts costs] to the federal government,] electricity rates would likely fall…[The illustrative 80×30 CES has the largest total benefits, climate-related net benefits, and health benefits of eight policies examined.
The present value of the estimated climate benefits through 2050 ($637 billion) outweigh the estimated costs ($342 billion)…[It would] generate estimated present value health benefits of $1.13 trillion due to cleaner air, bringing the estimated present value net benefits to $1.43 trillion for 2020 to 2050…compared to a no-policy reference case…” click here for more