Stabilizing Climate Affordably
Many of the needed investments in energy efficiency will save both money and carbon. A 2008 analysis by McKinsey & Company concluded that nearly 40 percent of the needed emission reductions would save money. Those savings can offset increased investment in tropical forest preservation, renewable energy, nuclear power, carbon capture and storage, and other more expensive clean energy technologies. Figure source: Global greenhouse gas abatement cost curve version 2.1, McKinsey & Company, 2010. Read more.