Shifting to a Clean Energy Economy Would Bring Billions in Economic Benefits, Shows New Report
We all know the science. The United States and the world as a whole must reduce its greenhouse gas emissions by 80 percent or more by 2050 in order to significantly reduce the risks posed by unabated climate change. Intensifying droughts and heat waves, inundation of coastal economies brought on by sea level rise, and increasing wildfires and extreme weather events across the United States are only some of those intensifying risks. While an 80 percent reduction may sound like a Herculean task, a new report from the Risky Business Project, From Risk to Return: Investing in a Clean Energy Economy , finds that achieving that reduction is both technically and economically feasible—and creates a huge business opportunity. WRI led the analysis underlying the report. In reducing the country’s emissions and capitalizing on the clean energy transition, the United States needs to move from its heavy dependence on fossil fuels towards wide-scale use of electricity wherever possible...