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Politics : Formerly About Advanced Micro Devices
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To: Wharf Rat who wrote (998750)2/4/2017 4:23:09 PM
From: Wharf Rat   of 1575740
 
How much would electricity cost in the United States if the retail price reflected the health impacts of burning fossil fuels? A paper recently published by researchers at the Environmental Protection Agency finds that accounting for such costs would add an average of 14 to 35 cents per kilowatt-hour to the retail cost of electricity. Nationwide, these hidden health costs add up to as much as $886.5 billion annually, or 6% of GDP.

The peer-reviewed study, titled “Economic Value of U.S. Fossil Fuel Electricity Health Impacts,” was published online last December in Environment International by Sarah Rizk* and Ben Machol of the Clean Energy and Climate Change Office, U.S. EPA Region 9, in San Francisco. (In an interview, Rizk and Machol noted that views expressed in the paper are theirs alone. Rizk recently left the agency to attend business school.)

“There are a lot of reports out there that quantify the total health costs and the total health impact values from fossil fuel energy in the U.S.,” said Rizk, “but there are fewer of them that put it into a dollar per kilowatt-hour metric, which is what you see on your utility bill. We wanted to present it in a way that was digestible to the average consumer of electricity.”......'

forbes.com
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