As these facts show, affordable options are available. And America cannot afford to fall behind any more in the race to invent clean, renewable energy sources.
Increase in world’s solar generating capacity in 2005.
Rank of China as global producer of solar cells, behind Japan (U.S. ranks 4th).
Amount U.S. government spends a year on renewable energy research.
ExxonMobil’s daily revenue.
Amount GE Energy Financial Services invested in wind, solar, biomass and geothermal energy in 2007.
Amount China has committed to invest in renewable energy sources over the next 15 years.
Projected cost of smart cap-and-trade climate policy on U.S. economic output in 2030.
Projected growth of the U.S. economy by 2030.
Number of senators supporting cap-and-trade legislation.
Number of bills passed by Congress to cap and reduce America’s global warming pollution.
Sources: World Watch Institute, Earth Policy Institute, Department of Energy, CNN, GE Energy Financial Services, Reuters, and upcoming Environmental Defense report: Climate Policy and the U.S. Economy, 2008
Learn more at Environmental Defense.