Speaker: Thomas R. Casten, Chairman, Recycled Energy Development. Abstract: Climate change and energy concerns call forth energy policies but there is a failure to understand societal costs of each alternative action. Furthermore, economists and policy advisors assume the present energy conversion system is economically optimal, given current technology. Drawing on 30 years of developing $2.0 billion of local generation projects that recycle waste energy, Casten analyzes the societal costs and savings of twelve alternate approaches to generating electricity. The presentation will show how the U.S. could achieve two billion tons of CO2 reduction per year while saving over $100 billion per year. The presentation ends with suggested policy changes to induce profitable GHG reductions and start an energy efficiency revolution.
