May 28, 2008 - Special Report
The Cost of Energy Efficiency Investments: The Leading Edge of Carbon Abatement
Authors:
Lawrence J. Makovich
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Several influential studies suggest that the US economy can dramatically reduce and stabilize GHG emissions at "no cost." In particular, these studies suggest that cost-effective energy efficiency investments that are not undertaken by consumers in the marketplace can provide a massive reservoir of carbon abatement investment options available at "negative costs." The "negative cost" logic, however, does not hold in the context a productive capital market. |
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