Carbon Footprint Analysis of Economic Recovery Package 1
Greenpeace will release the results of a carbon footprint analysis of the economic recovery package via teleconference this Thursday at 10:30 am ET (details below). The analysis was conducted by ICF International, a leading climate and energy consulting firm for governments, Fortune 500 companies, and non-profits (http://www.icfi.com/).
- ICF International: William Grayson and Dr. Joel Bluestein
- Greenpeace: Kert Davies, Research Director and Steven Biel, Global Warming Campaign Director
According to several recent studies, global warming will create a major drag on the U.S. and world economies – $271 billion in the United States alone by 2025 according to NRDC, and 5 – 20 percent of global GDP by 2100, according to the U.K. government’s Stern Review. An effective economic stimulus must also reduce global warming through spending on energy efficiency, conservation, clean energy, and clean transportation options.
Teleconference participants will discuss how the different provisions of the stimulus package will affect the climate in the short and long run and will discuss the climate and related economic impact of different stimulus proposals and amendments under consideration.
Dial-in number: 1-319-279-1000
Toll free dial-in number: 1-866-399-5852
Participant pin: 1001217#
RSVP to [email protected]; confirmed teleconference attendees will get an advanced look at the report.
The current stimulus bill in Congress contains about $125 billion in loan guanantees for nuclear energy. This is the Republican pork that they aren’t talking about. The same money loaned for building solar thermal plants with heat storage could stimulate that industry to build 50-100 GW before you have a single new nuclear plant online with it’s 1-2 GW capacity. The solar thermal could be displacing coal plants over the next decade, while plans are being made to build nuclear plants. We should provide R&D money for clean coal and nuclear and give the real money to solar and wind, which can be built right now, faster and cheaper than nuclear..