TITLE

Departments: What Congress can learn from Google

AUTHOR(S)
Shellenberger, Michael; Nordhaus, Ted
PUB. DATE
February 2008
SOURCE
Power;Feb2008, Vol. 152 Issue 2, p64
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the clean energy initiative of Google Inc. as an alternative to cap-and-auction method in reducing greenhouse gas emissions. The right model comes from investments in technology innovation and infrastructure. The Renewable Energy Cheaper than Coal initiative of Google invests on hundreds of millions of dollars in wind and solar power. The experts state that it would cost $50 billion to $200 million to make the solar power as cheap as coal power. The world's wealthiest countries should create a 10-year, $1 trillion energy fund to invest in technologies such as carbon capture, nuclear and zero-emissions. The federal carbon regulation can possibly produce tens of billions of dollars annually for clean-energy investments.
ACCESSION #
31257151

 

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