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A new WRI study finds that there are many win-win opportunities for the United States to reduce emissions and save money for consumers and businesses. Our blog series, Lower Emissions, Brighter Economy, evaluates these opportunities across five key areas—power generation, electricity consumption, passenger vehicles, natural gas systems and hydrofluorocarbons (coming soon) —which together represent 55 percent of U.S. greenhouse gas emissions.

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Oil prices are plummeting, the United States and China made a major joint climate announcement, and renewable energy reached price parity with coal in a growing number of markets. Iconic tech companies—including Google and Apple—are playing a larger role in both renewable energy and home energy efficiency.

Against this backdrop, 2014 is on track to go down as the world’s hottest year ever recorded. Already, the first 10 months of 2014 have been the hottest on record globally. This is a troubling trend.

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As the U.S. Environmental Protection Agency (EPA) moves forward with standards to reduce emissions from existing power plants—which are due to be finalized in June 2015—many states are wondering how they will comply. WRI’s fact sheet series, Power Sector Opportunities for Reducing Carbon Dioxide Emissions, examines the policies and pathways various states can use to cost-effectively meet or even exceed future power plant emissions standards. This post explores these opportunities in Virginia. Read about additional analyses in this series.

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The U.S. EPA has proposed standards to limit power sector emissions, which, once adopted, are expected to reduce carbon pollution from power plants by 25 percent by 2020. But as we recently noted in our public comment on the proposal, increasingly cost-effective efficiency and renewable energy opportunities mean that the EPA can and should require even greater emissions reductions.

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A new WRI study finds that there are many “win-win” opportunities for the United States to reduce emissions and save money for consumers and businesses.

Over the coming weeks, our blog series, Lower Emissions, Brighter Economy, will evaluate these opportunities across five key areas—power generation, electricity consumption, passenger vehicles, natural gas systems, and hydrofluorocarbons—which together represent 55 percent of U.S. greenhouse gas emissions.

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U.S. climate action received support yesterday from four former EPA administrators who served Republican presidents. William D. Ruckelshaus, Lee M. Thomas, William K. Reilly, and Christine Todd Whitman testified before the Senate’s Environment and Public Works Committee at a hearing entitled “Climate Change: The Need to Act Now.”

They delivered a clear message for Congress: Climate change is one of the greatest threats to America’s economy, environment, and communities—and it need not be a partisan issue.

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