Reducing Greenhouse Emissions
Colorado Governor Bill Ritter issued a Climate Action Plan in 2007. It set a goal of reducing the state’s greenhouse gas emissions 20% below their 2005 levels by 2020 and 80% by 2050.
Following is a white paper written by Holy Cross Energy, a cooperative electric utility that serves the resort areas of Vail and Aspen, Colorado. Holy Cross Energy examined how it — and the Colorado electric sector as a whole — could meet those goals.
Climate change is a difficult challenge that will not be easily resolved. Many readers will have strong opinions about how this issue should be addressed. Our purpose in writing this white paper is not to advocate any particular policy. Rather, we hope to elevate the discussion to a new level.
A few caveats are necessary. Our analysis does not calculate the cost of inaction, of the “negative externalities” that could be caused by a warming climate. It also does not attempt to calculate either positive or negative effects on the Colorado economy due to climate action, nor does it try to predict the timing or form of federal climate policy.
We welcome your comments, suggestions, or criticisms on the findings presented here.
Chief Executive Officer
HOLY CROSS ENERGY