The U.S. could create more than 600,000 skilled jobs, cut air pollution and fight climate change while its citizens reap 17 billion dollars in energy savings by doing one simple thing: Boost energy efficiency.
Employing existing energy-savings technology could reduce electricity demand by 25 percent. That’s like shutting down 494 power plants by 2030, according to a new report by the American Council for an Energy-Efficient Economy (ACEEE).
Programmes aimed at helping customers save energy cost utilities only about three cents per kilowatt hour, while generating the same amount of electricity from burning coal or natural gas can cost two to three times more.
“Americans’ energy bills will be lower and that will boost local economic growth,” said the study’s lead author, Sara Hayes.
“The CO2 emissions reduction would be massive – 600 million tonnes a year by 2030,” Hayes told IPS.
That’s nearly as much as Canada’s annual emissions, which are among the highest in the world.
“We were very conservative in our study. The benefits could be far greater,” she said.
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