EPA Analysis Forecasts Robust Economic Growth With Climate Change Law
- Under the Climate Security Act, annual household consumption grows by 81 percent from 2010 to 2030 – just two percentage points less than what growth would be otherwise.
- Emissions allowances would cost $22 - $35 per ton in 2015 and $28 - $46 in 2030 – significantly less than other model runs that do not account for current energy policy and market mechanisms to manage costs.
- National electricity prices would never rise more than 20 percent over 2005 levels – and that change would happen slowly over decades.
Environmental Defense Fund is at the forefront of an innovation revolution, developing new solutions that protect the natural world while growing the economy. Founded in 1967 and representing more than 500,000 members, the group creates powerful economic incentives by working with market leaders and relying on rigorous science. For more information, visit edf.org.
One of the world’s leading international nonprofit organizations, Environmental Defense Fund (edf.org) creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships. With more than 3 million members and offices in the United States, China, Mexico, Indonesia and the European Union, EDF’s scientists, economists, attorneys and policy experts are working in 28 countries to turn our solutions into action. Connect with us on Twitter @EnvDefenseFund
Latest press releases
-
Court Should Deny Shadow Docket Requests to Block Methane Pollution Limits
September 20, 2024 -
CFTC Guidance will Strengthen Voluntary Carbon Credits
September 20, 2024 -
Navajo Nation takes significant action to cut methane, assert tribal sovereignty
September 19, 2024 -
Houston-area High School Students Selected as Winners in Environmental Defense Fund Video Contest
September 16, 2024 -
New Bill Would Help Congress Better Understand Legislation’s Climate Impacts
September 12, 2024 -
Hydrogen Blending in New York Gas Pipelines Undermines State Climate Goals
September 12, 2024