Climate Change and the U. S. Economy: The Costs of Inaction Frank Ackerman and Elizabeth A. Stanton


Case Study #3: Energy costs in the rapid stabilization case



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Case Study #3: Energy costs in the rapid stabilization case

In the rapid stabilization case, electricity demand rises throughout the country in pace with demographic growth and increasing demands for electricity from residential and commercial consumers.31 At the same time, the slightly warmer temperatures reduce the demand for heating fuel. However, the increased energy demand is, in total only $8 billion more than what would be expected if current conditions continued. Our estimates for 2100 are shown in Table 14; in the summary of costs in Table 16 below, we assume energy costs are proportional to GDP throughout the century.


Table 14: Rapid Stabilization Case, 2100: Energy Sector Increased Costs above 2005 Levels



Note: AC Units refers to the purchase of additional air conditioning units.



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