A Clean Energy Bargain Modeling Results and Assumptions

In a new climate policy analysis, NRDC used two well-known national energy models to examine the impact of the American Clean Energy and Security Act (ACES) on the economy. The main findings include:

1. ACES will boost our economy: ACES will drive $300 billion of investments (through 2030) toward clean energy, creating hundreds of thousands of jobs in the process;
2. ACES is affordable: The cost of ACES to American households will be less than a postage stamp per day;
3. ACES will make America more secure: ACES can reduce oil imports by as much as 5 million barrels per day, improve our energy security, and reduce the risk of fuel price shocks.

This presentation includes detailed results from the analysis, as well as a discussion of the assumptions used.

NEMS-NRDC runs were conducted by OnLocation, Inc., and commissioned by the Natural Resources Defense Council as part of its effect to model the economic impact of the American Clean Energy and Security Act (ACES).

MARKAL runs were conducted by International Resources Group, and commissioned by the Natural Resources Defense Council as part of its effect to model the economic impact of the American Clean Energy and Security Act (ACES).