29 Jun '11, 3pm

Green energy breakthroughs could boost U.S. economy, Google.org report says #google

29 Jun 2011: Green Energy Breakthroughs Could Boost U.S. Economy, Google Says Breakthroughs in green energy technology, coupled with supportive government policies, could add $155 billion to the U.S. economy annually and create more than 1.1 million jobs by 2030, according to an analysis by Google.org , the internet search giant’s philanthropic arm. Using an analytic set of models to calculate the potential benefits of various policies, Google’s energy team found that aggressive innovations in clean power, grid storage, natural gas technologies, and electric vehicle production could reduce U.S. oil consumption by more than 1.1 billion gallons each year and cut greenhouse gas emissions by 13 percent. According to the report, published on the company’s blog , a rapid decrease in battery costs and energy density also could drive the cost of electric vehicles below those of in...

Full article: http://e360.yale.edu/digest/green_energy_breakthroughs_co...

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