NewEnergyNews More: NEW ENERGY BEATS THE COSTS OF COAL

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  • Thursday, September 26, 2013

    NEW ENERGY BEATS THE COSTS OF COAL

    New Study: Clean Energy Least Costly to Power America's Electricity Needs

    Laurie Johnson, September 17, 2013 (Natural Resources Defense Council)

    “…[O]nce estimates of climate change costs and other health impacts are taken into account, it would be cheaper to build new power plants from wind turbines or solar panels than from coal. It would also be cheaper to replace some of our dirtiest coal plants with these cleaner sources…In other words, transitioning to cleaner energy won’t just help protect us and our children and grand-children from climate change, it’s also good economics…The social cost of carbon: implications for modernizing our electricity system…[shows] that our electricity system, which generates fully 40 percent of the nation’s carbon dioxide pollution, is costly…[E]xtreme weather caused more than $140 billion in damages in 2012. American taxpayers picked up nearly $100 billion of those costs…” click here for more

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