Green Growth – A U.S. Program for Controlling Climate Change and Expanding Job Opportunities (417 page pdf, Robert Pollin, Heidi Garrett-Peltier, James Heintz, and Bracken Hendricks, Center for American Progress, Sep. 2014)
Also discussed here: The Need for Jobs, and the Ecological Limits to Growth (Jeffrey M Doyle, Oct. 17, 2014)
Today we review a realistic short term plan for the USA that would comply with the IFCC objective to reduce world-wide greenhouse gas emissions by 40% from 2005 levels before 2035. It is based on making reductions in consumption of coal, oil, natural gas by 30-60% while assuming that the cost of renewable energy (hydro, wind, geothermal) will continue to decrease to the same levels as for carbon fuels by 2017. A carbon tax that would discourage carbon fuel use can produce public revenues of $ 200 B/year while avoiding economic impacts of $150 B/year if a 3 degree increase in earth temperature cannot be averted.
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