A major new report from the American Council for an Energy-Efficient Economy (ACEEE), titled “The Long-Term Energy Efficiency Potential: What the Evidence Suggests,” outlines three scenarios under which the U.S. could either continue on its current path or cut energy consumption by the year 2050 almost 60 percent, add nearly two million net jobs in 2050 and save energy consumers as much as $400 billion per year (the equivalent of $2600 per household). ACEEE Director of Economic and Social Analysis John A. “Skip” Laitner states that “The U.S. would prosper more if investments in new energy were not crowding out needed investments in energy efficiency. According to the ACEEE Report, after paying for the program costs and making the necessary investments over time, the economy will benefit from a net energy bill savings that ranges from 12 to 16 trillion dollars cumulatively from 2012 through 2050. Read on at ACEEE
