Reducing GHG emissions: Cost-effective options
April 30, 2009 – 12:29 pm by Keenan
With the debate and growing consensus about the drastic effects greenhouse gas (GHG) emissions will have on the planet, our quality of life, and the economy, it is surprising how little research has been done to identify practical and sensible solutions to reduce greenhouse gas emissions.
There is very little information available on what steps should be taken first to reduce emissions on the global or even national level. There is even less information about the estimated costs or reducing emissions.
In a study on sustainability and reducing carbon emissions in the US, McKinsey & Company has identified abatement solutions with marginal costs of less than $50 per ton of CO2e. While some of the abatement options require "strong, coordinated, economy-wide action," there are some negative marginal cost options that can be effective on the business or residential level, including updating lighting and electronic equipment and improving the building envelope.
The study ...
