Accelerating Toward Clean Energy Economy

The analysis indicates that the Clean Power Plan and the extension of the Production Tax Credit (PTC) and Investment Tax Credit (ITC) will drive significant clean energy growth and consumer savings in the US. By 2030, these policies are projected to generate 204 GW of new wind and solar capacity, resulting in $30.5 billion in net consumer savings and $127 billion in cumulative health and economic benefits from reduced emissions.

• The combination of the Clean Power Plan and the extension of the Production Tax Credit (PTC) and Investment Tax Credit (ITC) is projected to reduce annual electricity costs for typical households by an average of $17 by 2030, resulting in total net consumer savings of $30.5 billion over the same period.
• The policies are expected to stimulate $216 billion in capital investments, leading to the addition of 204 gigawatts (GW) of new wind and solar capacity by 2030.
• By 2030, the policies are projected to create $64 billion in energy efficiency improvements, which will reduce electricity sales by nearly 7 percent, and provide $127 billion in cumulative health and economic benefits by lowering emissions of nitrogen oxides, sulfur dioxide, and carbon dioxide.

APA

Union of Concerned Scientists (2016). Accelerating Toward Clean Energy Economy. https://www.ucs.org/resources/accelerating-toward-clean-energy-economy

Chicago

Union of Concerned Scientists. Accelerating Toward Clean Energy Economy. 2016. https://www.ucs.org/resources/accelerating-toward-clean-energy-economy.

Wikipedia

{{cite report |author=Union of Concerned Scientists |title=Accelerating Toward Clean Energy Economy |date=6 May 2016 |url=https://www.ucs.org/resources/accelerating-toward-clean-energy-economy |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{unionofconcernedscientists2016accelerating, author = {{Union of Concerned Scientists}}, title = {{Accelerating Toward Clean Energy Economy}}, institution = {Union of Concerned Scientists}, year = {2016}, month = may, url = {https://www.ucs.org/resources/accelerating-toward-clean-energy-economy}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }