Fact Checks

  • FACT: The EPA’s Clean Power proposal will create jobs, deliver significant health benefits, and reduce electricity costs.

  • 70% of Americans support government regulations on the carbon emissions of existing power plants. (Washington Post, June 2014, http://wapo.st/1DTqBBX)

  • By 2030, the EPA’s rules can create over 274,000 jobs and save consumers $37.4 billion on their electricity bills. (The Hill, May 2014, http://bit.ly/1tWr1T2)

  • The EPA expects electricity costs to be 8% lower by 2030 because of the Clean Power Plan. (USEPA, June 2014, http://1.usa.gov/1tBo74b)

  • Last year, the average price of wholesale wind energy in the Midwestern U.S. was 2.1 cents per kW/h. (Energy & Policy Institute, May 2014, http://bit.ly/TejBNT) For context, the average retail price of electricity in the U.S. was 10.3 cents in March, 2014. (U.S. Energy Information Administration, May 2014, http://1.usa.gov/1gZaJoH)

  • Conserving a kW/h of electricity with energy efficiency measures generally costs around 66% less than it does to generate a kW/h of electricity. (American Council for an Energy Efficient Economy, September 2009, http://bit.ly/1hir2uU)

  • Over 50% of all energy produced in the U.S. is wasted due to inefficiency. (Lawrence Livermore National Laboratory, May 2013, http://1.usa.gov/OWDwz3)

  • Coal-fired power plants are the largest source of carbon emissions in the United States; in 2012, coal was responsible for 24.5% of total U.S. greenhouse gas emissions. (Center for Climate and Energy Solutions, http://bit.ly/Suzv6d)

  • From 2010 to 2012, the cost of complying with the 24 state-level renewable portfolio standards in the U.S. amounted to just 1% of retail electricity rates. (Denver Post, June 2014, http://bit.ly/1rLamEo)

  • The EPA’s Clean Power Plan is expected to annually deliver $55 billion to $93 billion worth of health benefits by 2030. (USEPA, June 2014, http://1.usa.gov/1i1rn3t)

  • The EPA’s Clean Power Plan will prevent 2,700 to 6,600 deaths and up to 150,000 asthma attacks per year. (CNN, June 2014, http://cnn.it/1opq9CS)

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Tue Nov 01 @ 8:00AM
ACORE Finance West