How Much Will Copenhagen Cost?

  • Talks begin in Copenhagen on December 7th. (Photo Source: Thue at Wikimedia Commons)

This week, world leaders are talking
about how to tackle climate change.
Most experts agree that’ll mean
fossil fuels will become more expensive.
Rebecca Williams has been talking
with one climate expert who says we
might not really notice it, at least
at first:

Transcript

This week, world leaders are talking
about how to tackle climate change.
Most experts agree that’ll mean
fossil fuels will become more expensive.
Rebecca Williams has been talking
with one climate expert who says we
might not really notice it, at least
at first:

There’s been a lot of debate about how much our energy bills might go up.

Energy companies and some Republicans have been warning that bills will skyrocket – going up by hundreds or even thousands of dollars a year. The Congressional Budget Office estimates it’ll be a lot less – something between $100 and $200 a year.

Michael Oppenheimer is a professor at Princeton University. He says we will have to make a lot of changes in our lives – but they’ll be little changes and they’ll be really gradual.

“They’ll probably wind up buying appliances which are more energy efficient and that may cost them some money at the outset but it’ll save them money in terms of lower electricity bills. They may be driving cars that look somewhat different than their current vehicles but save them money with less gasoline use in the long term.”

Oppenheimer says higher energy costs will eventually be offset by energy savings – and probably, government rebates – until the economy adjusts.

For The Environment Report, I’m Rebecca Williams.

Related Links