White House Covers Up $2 Trillion Global Warming Benefit

onJul 2, 2008 @ 14:43 PDT

Given the massive public outcry over gas prices, the public will no doubt be furious to find out that a plan to save energy and money has been kept under wraps by their own government.

The White House has been sitting on a document for more than 6 months now that estimates a long term savings in excess of $2 trillion through 2040 if the federal government was to enact tougher greenhouse gas regulations for new automobiles.

In the report (you can download Part 1 here and Part 2 here) the Environmental Protection Agency found that:

– technology is readily available to achieve significant reductions in light-duty vehicle GHG [greenhouse gas] emissions between now and 2020 (and beyond);

– the benefits of these new standards far outweigh their costs;

– owners of vehicles complying with the new standard will recoup their increased vehicle sosts within 3-7 years, and;

– new standards would result in substantial reductions in GHGs.

The Wonk Room at Center for American Progress has more.

By Kevin Grandia

Kevin is a contributor and strategic adviser to DeSmog. He runs the digital marketing agency Spake Media House. Named a “Green Hero” by Rolling Stone Magazine and one of the “Top 50 Tweeters” on climate change and environment issues, Kevin has appeared in major news media outlets around the world for his work on digital campaigning. Kevin has been involved in the public policy arena in both the United States and Canada for more than a decade. For five years he was the managing editor of DeSmogBlog.com. In this role, Kevin’s research into the “climate denial industry” and the right-wing think tank networks was featured in news media articles around the world. He is most well known for his ground-breaking research into David and Charles Koch’s massive financial investments in the Republican and tea party networks. Kevin is the first person to be designated a “Certified Expert” on the political and community organizing platform NationBuilder. Prior to DeSmog, Kevin worked in various political and government roles. He was Senior Advisor to the Minister of State for Multiculturalism and a Special Assistant to the Minister of State for Asia Pacific, Foreign Affairs for the Government of Canada. Kevin also worked in various roles in the British Columbia provincial government in the Office of the Premier and the Ministry of Health. In 2008 Kevin co-founded a groundbreaking new online election tool called Vote for Environment which was later nominated for a World Summit Award in recognition of the world’s best e-Content and innovative ICT applications. Kevin moved to Washington, DC in 2010 where he worked for two years as the Director of Online Strategy for Greenpeace USA and has since returned to his hometown of Vancouver, Canada.

OPEC Projections on Future Oil Demand Overly Optimistic, Experts Warn

ByTaylor Noakes

onJun 13, 2025 @ 19:35 PDT

Global Energy Show Canada attendees enthusiastically repeated positive oil forecast despite reports showing steep drop over next five years.

us/xAI Data Center Emits Plumes of Pollution, New Video Shows

ByNick Cunningham

onJun 13, 2025 @ 06:01 PDT

A massive data center at xAI’s controversial site in Memphis, Tennessee is emitting huge plumes of pollution, according to footage recorded by an environmental watchdog group.