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The Case For Early Action. Reduce Energy Use Increase Efficiency Improve the Bottom Line Increase Competitiveness Save Money. The Case Against Early Action. It costs money to save money You may be penalized later for reducing emissions early
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The Case For Early Action • Reduce Energy Use • Increase Efficiency • Improve the Bottom Line • Increase Competitiveness • Save Money
The Case Against Early Action • It costs money to save money • You may be penalized later for reducing emissions early • Constitutes an admission that global climate change is a human-caused problem that needs to be addressed
Wisconsin Greenhouse Gas Emissions and Cost Scenario Emission Reductions
Wisconsin Can Reduce Greenhouse Gas Emissions • 8 million tons per year by 2010 • Energy savings of 9 million mWh • Create 8,500 jobs • Increase gross state product by $41 million • Increase disposable income by $490 million • Reduce Emissions of Other Air Pollutants
The Case Against Early Action • It costs money to save money • You may be penalized later for reducing emissions early • Constitutes an admission that global climate change is a human-caused problem that needs to be addressed
A National Emission Reduction Registry Must: • Include all greenhouse gases • Be equitable to all sources in all states • Accurately quantify, verify, and register emission reductions • Not give credit where credit is not due