Carbon Cap Cost Just a Penny


Capping carbon emissions would cost U.S. households less than one cent on the dollar over the next two decades, according to analysis of studies conducted by the DOE's Energy Information Agency, Harvard, MIT, and the Pacific Northwest National Laboratories.

The analysis by the Environmental Defense Fund disputes critics who say mandatory limits on greenhouse gases would cost jobs and damage the economy.

While energy efficiency improvements can often save money, switching from fossil fuels has been projected to create between 3 and 5 million domestic jobs.

Read more at ENN

(Image from Gyre, courtesy of Wikimedia commons.)

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