Fun time quote of the week comes from the LA Times coverage of the House passing the Energy Bill:
“The static electricity created by my shoes rubbing across this carpet creates more energy than the Democrats’ energy bill,” said Rep. George P. Radanovich (R-Mariposa) — LA Times.
And Craig picks our favorite metric from a new report on carbon abatement costs from McKinsey and Company released last week. The report says that the U.S. can cut carbon emissions by 28 percent by 2030 at a low cost of about $50 per
gigaton. This graph illustrates three potential abatement schemes – low, mid, and high levels of commitment – and the cost per gigaton of abatement. Looking at the high-end range you can see that we get quite the bang for our buck.