The Clean Power Plan is bold policy that will benefit the economy
Summary
The We Mean Business Coalition advocates for the implementation of the U.S. Clean Power Plan, stating it will reduce greenhouse gas emissions by 32 percent from 2005 levels by 2030 and save consumers US$155 billion between 2020 and 2030. The author contends that the plan is supported by the private sector because it removes barriers to scaling clean energy and reduces business risk, countering claims that the policy would harm the economy.
Key insights
- The Clean Power Plan aims to reduce greenhouse gas emissions by 32 percent from 2005 levels and cut carbon pollution from the power sector by 30 percent by the year 2030.
- The policy is projected to create jobs, reduce health hazards related to soot and smog, and save consumers US$155 billion between 2020 and 2030.
- Private sector companies support the plan because it provides regulatory certainty, stabilizes energy costs, and helps them meet corporate climate targets and the goals of the Paris Agreement.
- The author argues that the current lack of a unified policy creates a "patchwork approach" that makes it expensive for companies to scale clean energy purchases and increases business risk.
- Broad support for the plan is evidenced by 365 companies and investors signing a letter to governors to finalize implementation strategies, as well as friend-of-the-court briefs submitted by major technology and consumer brands.
Cite the original document
- APA
- Cameron, E. (2016). The Clean Power Plan is bold policy that will benefit the economy. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/the-clean-power-plan-is-bold-policy-that-will-benefit-the-economy/
- Chicago
- Cameron, Edward. The Clean Power Plan is bold policy that will benefit the economy. We Mean Business Coalition, 2016. https://www.wemeanbusinesscoalition.org/blog/the-clean-power-plan-is-bold-policy-that-will-benefit-the-economy/.
- Wikipedia
- {{cite press release |last1=Cameron |first1=Edward |title=The Clean Power Plan is bold policy that will benefit the economy |publisher=We Mean Business Coalition |date=23 September 2016 |url=https://www.wemeanbusinesscoalition.org/blog/the-clean-power-plan-is-bold-policy-that-will-benefit-the-economy/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{cameron2016clean, author = {Cameron, Edward}, title = {{The Clean Power Plan is bold policy that will benefit the economy}}, publisher = {We Mean Business Coalition}, year = {2016}, month = sep, url = {https://www.wemeanbusinesscoalition.org/blog/the-clean-power-plan-is-bold-policy-that-will-benefit-the-economy/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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