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Conserving hydrocarbons would save $438 billion

and drawing conclusions. Cornell students in the energy-efficiency project were Andrew Pleasant, Jason Barron, Jen Gaudioso, Noah Pollock, Elisa Chae, Yoonji Kim, Allison Lassiter, Christina Shiavoni, Alex Jackson, Melinda Lee and Andrea Eaton. When the analysis was conducted, during the 2001-02 school year, gasoline averaged $1.50 a gallon and natural gas prices were just beginning to rise. Elevated energy prices in 2004 make the case for conservation even more compelling, the students say, and further boost the potential payback for implementation of energy-efficient technologies.

Concluding their analysis, Pimentel and his students write: "We are confident that the president and the U.S. Congress, working with the people, could reduce our energy consumption in approximately a decade by 32 quads (32,000,000,000,000,000 BTUs) per year, about 33 percent of present energy use. Saving fossil energy is fully justified because it would help reduce American dependence on foreign sources of energy and improve national security, improve the environment, reduce the threat of global climate change and save approximately $438 billion per year, which would help support the U.S. economy."


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Contact: Roger Segelken
hrs2@cornell.edu
607-255-9736
Cornell University News Service
24-May-2004


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