In an excellent diary today, Josh Nelson shows the deceit of their talking points. The lies continued in the Washington post yesterday. "Firms Start to See Climate Change as Barrier to Profit," with the usual Astroturfing players, The Chamber of Commerce, and the National Association of Manufacturers.
The Chamber of Commerce and the National Association of Manufacturers say that some of the prescriptions to address climate change, such as the climate bill passed by the House in June, present more risks to the economy than global warming does.
We can now step out of the BS above, and once againlook at the facts below the fold.
An economic analysis by the NRDC, working with several consultants, put together a study that documents that ACES will improve our economic outlook, create jobs, save money, and make us more secure.
The four page summary of the study, "A Clean Energy Bargain: More Jobs, Less Global Warming Pollution, and Greater Security for Less Than the Cost of a Postage Stamp a Day," can be found here. (pdf)
The full detailed report "A Clean Energy Bargain: Analysis of The American Clean Energy And Security Act" can be found here. (pdf)
Key points of the study debunk the talking points thrown out constantly to scare people away from ACES.
ACES will boost our economy
$306 billion in low- or no-emissions electricity generation technologies between 2012 and 2030, which includes $103 billion redirected from conventional fossil-fuel generation. ACES will also drive $32 billion of additional investment to increase the efficiency of residential and
commercial equipment.
ACES will create clean energy jobs for Americans
Clean energy investments create more jobs for Americans of all skill and education levels than comparable investments in fossil-fuel energy sources:
Clean energy investments also create 5.5 times as many jobs for workers with few educational credentials or work experience, and 75 percent of these jobs
provide opportunities for advancement.
Employment for those with limited ecucation and/or work experience will be an added savings to tax payers as it will reduce the need for public assistance.
ACES is affordable
Comparing EPA, EIA, and NEMS-NRDC results, the estimates for average annual household cost of ACES range from $52 to $92, which translates to $0.14 to $0.25 per household per day. Meanwhile, median annual income levels per household over 2012-2030 under ACES are expected to be, on average, $4,700 to $5,500 higher than 2009 levels.
While$0.14 to $0.25 might not quite cover postage these days, it is a small price to pay to save our environment for ourselves, and future generations.
ACES will lower electric bills for American households
The combined effect is that most households will save money on their electricity bills (an average of $6 per month over 2012–2020). On a state-by-state basis, households in almost every part of the country will see monthly savings on their electric bills under ACES relative to BAU (Business As Usual)
note: South Dakota, North Dakota, Nebraska, and Minnesota could possibly be a bit higher under ACES than under BAU
ACES WILL MAKE AMERICA MORE SECURE
Another benefit of ACES is it will boost domestic oil production by capturing CO2 from power plants and other industrial sources (known as
carbon capture and storage or CCS), which can be used to enhance oil production in depleted
oil fields..............
NRDC worked with Advanced Resources International, a specialist in CO2-EOR, to estimate the impact that carbon dioxide captured
in the MARKAL model would have on EOR out to 2050. We estimate that 1.3 million barrels per day (MBD) of additional domestic oil production
would result from EOR in 2020 under ACES
For some, these points may seem redundant. Yet every study, every bit of documentation we have, is an added tool to enlighten and educate people who are being lied to by front groups sponsored by, National Association of Manufacturers, ACCCE, the U.S. Chamber of Commerce, and the American Petroleum Institute (API). These are the major players, but not all of them.
Passage of ACES is needed now, we cannot afford to let it be delayed.
It is vital that we utilize our resources to achieve reach the goal of cleaner, more energy efficient technologies.