Google has proposed a detailed plan for the U.S. to move to cleaner energy in 22 years. Significantly, the plan does not promise that the U.S. will achieve “energy independence,” instead setting a target of reducing oil imports by a mere 22 percent.
The price tag? $4.4 trillion. Google estimates that investing this amount will allow us to save $5.4 trillion in the long run. But that assumes someone will be willing to pay $1.1 trillion for carbon credits. It also assumes we somehow find the $4.4 trillion to invest in the program.