How to reduce energy costs, boost growth in the future
Fox News host Gretchen Carlson reported on Friday that an investment of $1 trillion over the next 10 years could increase domestic energy efficiency and generate as much as $30 trillion in new economic activity.
“We need to do something that’s going to be sustainable,” Carlson said, “because we’re not going to do that.”
The host said the country could reduce energy consumption by 40 percent by 2030 if the energy-efficient homes and businesses were built and installed.
She noted that the cost of a solar panel is just $200,000.
A solar panel costs $100,000, Carlson said.
“That’s about the same cost of installing an average American home,” Carlson added.
“The cost of an average family home today is $1,800 a year.”
In 2016, Carlson also said, the U.S. could become the world’s most energy-secure nation by 2040.
She said that by 2035, Americans would be able to produce energy from wind, solar, biomass, geothermal, nuclear and biofuels.
“A lot of energy is generated by natural gas, which is about 40 percent of our total energy consumption,” she said.
She also said that the U of A’s wind power production could increase by 40 per cent by 2030, and could even generate enough energy to power about 6 million homes.
The Fox News Channel contributed to this report.