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Assessment of the House Renewable Electricity Standard and Expanded Clean Energy Scenarios
 
Report Number E079
 
Author Info Bill Prindle, Maggie Eldridge, John A. "Skip" Laitner, R. Neal Elliott, and Steven Nadel
 
Details Executive Summary (abridged)

The American Council for an Energy-Efficient Economy’s analysis of the Renewable Electricity Standard (RES) included in the August House energy bill (H.R. 3221) shows that this provision would provide positive energy, economic, and environmental benefits. It would reduce wholesale electricity prices and customer bills, decrease the need for new fossil fuel powerplants, and create new jobs, while also lowering carbon emissions. The analysis dispels arguments that the RES would raise electricity rates and harm the reliability of the power grid.

To read the rest of the executive summary, click here.
 
Other Info 41 pp., December 2007

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