The Economic Costs of Reducing Greenhouse Gas Emissions Under a U.S. National Renewable Electricity Mandate
The authors perform a technical and economic assessment and estimate the economic costs and net GHG reductions from U.S renewable electricity mandates. GHG emissions reductions from such policies could be as much as 670 million metric tons per year. Depending on technological development, economic costs are $13-$45 billion per year. Lower costs depend on favorable technological progress.
Jan 1, 2011