25 Aug 2014:
Health Care Savings Can Far
Outweigh Costs of Carbon-Cutting Policies
Implementing policies to curb carbon emissions dramatically cuts health care costs associated with poor air quality — in some cases, by more than 10 times the cost of policy implementation, according to
new research published in Nature Climate Change
. Policies aimed at reducing carbon emissions are as effective as laws targeting polluting compounds like ground-level ozone, also known as smog, and fine particulate matter, the MIT researchers say. An analysis of three climate policies — a clean-energy standard, a transportation policy, and a cap-and-trade program — found that savings from avoided health problems could recoup 26 percent of the cost of implementing a transportation policy, and up to to 10.5 times the cost of implementing a cap-and-trade program. A cap-and-trade program would cost roughly $14 billion to implement, whereas a transportation policy with rigid fuel-economy requirements could cost more than $1 trillion, according to the analysis. Policies targeting specific sources of air pollution, such as power plants and vehicles emissions, did not lead to significantly larger benefits than cheaper policies, such as a cap-and-trade approach, the study found.
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The 2015 Yale e360 Video Contest winner documents a Northeastern town's bitter battle over a wind farm. Watch the video.
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A 2015 Yale e360 Video Contest winner captures stunning images of wild salmon runs in Alaska. Watch the video.
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A three-part series Tainted Harvest
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