“While President Donald Trump has baselessly attacked plans to eradicate fossil fuel-based sources of energy from the United States’ power grid on the grounds that doing so would be expensive and economically destructive, a new analysis reveals the opposite to be true—aggressively transitioning to 100% renewables would save Americans up to $321 billion per year while reducing harmful greenhouse gas emissions that are heating the planet.
The report (pdf), No Place Like Home: Fighting Climate Change (And Saving Money) by Electrifying America’s Households, published Wednesday by Rewiring America shows that a complete switch to clean energy sources like solar and wind would not only put the U.S. on a path toward zero emissions, but it would also save each household on average between $1,050 to $2,585 per year on utility bills…”