Good for the Economy: Energy Efficiency
GOOD FOR THE ECONOMY
“According to the December 1, 2005, summary by the Hewlett Foundation,
Each Californian produces less than half the greenhouse-gas emissions as his or her fellow American. This is due in large part to state policies encouraging the use of natural gas and renewable resources over coal, as well as the aggressive promotion of energy efficiency. The State’s per capita emissions have dropped nearly one-third since 1975, while the nation’s per capita emissions have stayed flat. The study notes that each Californian typically saved about $1,000 per year between 1975 and 1995 (on electricity bills), just through efficiency standards for buildings and appliances. Energy efficiency has helped the economy grow an extra 3 percent – a $31 billion gain – compared to business as usual. The job growth created by the energy-efficiency industry will generate an $8 billion payroll over the next twelve years.
Reprinted from Hot Flat & Crowed by Thomas Friedman p. 279 originally from the Hewlett Foundation
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I wish that we could do this in Michigan.