The Four Trillion Dollar Plan
Posted: (October 03, 2008 10:37 am)


Google.org, the philanthropic arm of the search giant, has unveiled a plan to move the U.S. to a clean-energy future. The vision: In 2030, electricity will be generated not from coal or oil but from wind, solar, and geotherml power. Energy demand will be two-thirds what it is now, thanks to stringent energy-efficiency measures. Ninety percent of new vehicle sales will be plug-in hybrids. Carbon dioxide emissions will be down 48 percent. Getting there will cost $4.4 trillion, says the plan -- but will recoup $5.4 trillion in savings. The Clean Energy 2030 plan would require ambitious national policies, a huge boost to renewables, increased transmission capacity, a smart electricity grid, and much higher fuel-efficiency standards for vehicles. But hey, says the report: "With a new administration and Congress -- and multiple energy-related imperatives -- this is an opportune, perhaps unprecedented, moment to move from plan to action."