Apr 25, 2008 0
Reducing U.S. Greenhouse Gas Emissions: How much at what cost? is a report put together by the consulting firm McKinsey & Co. (from December 2007) that takes up this issue. The full report can be accessed here. The central conclusion of this report states:
The United States could reduce greenhouse gas emissions in 2030 by 3.0 to 4.5 gigatons of CO2 using tested approaches and high-potential emerging technologies. These reductions would involve pursuing a wide array of abatement options available at marginal costs less than $50 per ton, with the average net cost to the economy being far lower if the nation can capture sizable gains from energy efficiency. Achieving these reductions at the lowest cost to the economy, however, will require strong, coordinated, economy-wide action that begins in the near future.
Strong, coordinated, economy-wide action that begins in the near future?