by Stacy Feldman -
Sep 14th, 2009
While cap and trade gets all the press, there's a vital provision in America's potential future climate law that keeps getting overlooked: energy efficiency.
That's unfortunate, because this least-cost, readily available resource could deliver one million new jobs by 2030 – if Congress would just improve upon the current policy.
The Washington-based American Council for an Energy-Efficient Economy (ACEEE) crunched the numbers on the efficiency portion of the American Clean Energy and Security Act (ACES), which passed the U.S. House in June.
Here's what it found: Current efficiency measures in the bill would create 600,000 new jobs by 2030, save consumers an average of $486 a household, and avoid the need for 419 new coal plants.
Those are impressive benefits. But as striking as they are, they only represent half or less of what efficiency could offer the nation.
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