ACEEE Study Outlines Cost Neutral CO2 Reduction Plan for U.S. Power Sector

The American Council for an Energy Efficient Economy (ACEEE) released a new study that details how the U.S. EPA can rely on energy efficiency measures in an upcoming standard to reduce CO2 emissions that have no net cost to the economy.  The standard would set CO2 emissions limits for existing power plants under Section 111(d) of the Clean Air Act.  By using four common energy efficiency policies to set a carbon pollution standard, emissions can be reduce CO2 emissions to 26% below 2012 levels.  By 2030, these policies are estimated to increase the national GDP by $17.2 billion and lead to the creation of 611,000 new jobs across the U.S., as well as result in the avoidance of over 600 millions tons of GHG emissions and the need for 494 power plants.  The energy efficiency technologies included in the plan have already been tested and are ready to be deployed.