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.
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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
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