28 Jun '11, 10pm

Google Says Energy Innovation Will Pay Off -- but When?

Google Says Energy Innovation Will Pay Off -- but When?

The folks at Google, not surprisingly, have enormous faith in the power of technology. So a group of them set out to see what technology breakthroughs in clean energy will mean to the economy, the environment and the typical American household. They found good and bad news. The good: Energy innovation could pay off big, benefiting GDP, jobs, energy security and reducing carbon emissions. It'll even save homeowners money, over time. Specifically, as Bill Weihl and Charles Baron write on the Google blog, here are the benefits of energy breakthroughs, when compared with a business as usual scenario. In their parentheses is even better news; those numbers reflect what clean energy technology can do when combined with stronger U.S. policy to promote clean energy and discourage the burning of fossil fuels: Grow GDP by over $155 billion/year ($244 billion in our Clean Policy scen...

Full article: http://www.greenbiz.com/blog/2011/06/28/google-says-energ...

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