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Google Study Projects Future Economic Gains from Clean Energy

A new study by Google.org projects that breakthroughs in clean energy technologies stemming from aggressive federal and private-sector investment would add $150 billion in additional economic output and 1.1 million new jobs by 2030, with the gains continuing to grow in future years. The study, "The New Prize: Clean Energy Innovation," is based on McKinsey & Co.'s Low Carbon Economics computer modeling.

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Google Study Projects Future Economic Gains from Clean Energy

A new study by Google.org projects that breakthroughs in clean energy technologies stemming from aggressive federal and private-sector investment would add $150 billion in additional economic output and 1.1 million new jobs by 2030, with the gains continuing to grow in future years. The study, "The New Prize: Clean Energy Innovation," is based on McKinsey & Co.'s Low Carbon Economics computer modeling

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Political Doubt Hinders Carbon Sequestration Projects

By Jeff Tollefson of Nature magazine Given the current political climate, it did not come as much of a surprise when the chief executive of one of the largest utility companies in the United States addressed the tenth annual Conference on Carbon Capture and Sequestration (CCS) in Pittsburgh, Pennsylvania, this week with a talk questioning the viability of carbon-storage ventures in the next few years. Michael Morris, chief executive of American Electric Power (AEP), headquartered in Columbus, Ohio, said that the energy industry needs a signal from politicians in Washington DC.

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