Weighing the Climate Impact of the Stimulus Bill

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Today Greenpeace released a report indicating that the House’s $819 billion stimulus bill is a net environmental gain by a longshot. The bill’s energy efficiency and conservation provisions alone could reduce greenhouse gas emissions by more than 61 million metric tons annually, the equivalent of electricity use in 7.9 million American homes. Meanwhile, the worst-case-scenario for the bill’s transportation provisions would reduce the overall carbon benefits by only 5 million tons annually. The report, which was written by the respected energy consulting firm ICF International, apparently didn’t examine other provisions in the bill, but given that transportation is by far the biggest environmental white elephant, the overall package looks surprisingly eco-friendly. Ironically, the real downside won’t kick in unless the stimulus succeeds in reviving the economy, causing consumption to rise. Yet if the bill starts rebuilding the economic system into something sustainable, we’ll be better off than where we started.

HERE ARE THE FACTS:

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As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

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