Weighing the Climate Impact of the Stimulus Bill

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Today Greenpeace released a report indicating that the House’s $819 billion stimulus bill is a net environmental gain by a longshot. The bill’s energy efficiency and conservation provisions alone could reduce greenhouse gas emissions by more than 61 million metric tons annually, the equivalent of electricity use in 7.9 million American homes. Meanwhile, the worst-case-scenario for the bill’s transportation provisions would reduce the overall carbon benefits by only 5 million tons annually. The report, which was written by the respected energy consulting firm ICF International, apparently didn’t examine other provisions in the bill, but given that transportation is by far the biggest environmental white elephant, the overall package looks surprisingly eco-friendly. Ironically, the real downside won’t kick in unless the stimulus succeeds in reviving the economy, causing consumption to rise. Yet if the bill starts rebuilding the economic system into something sustainable, we’ll be better off than where we started.

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Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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