Table of Contents

Designing a Climate-Friendly Energy Policy: Options for the Near Term

Foreword    ii

Executive Summary     iii

I. Energy Policy Context    1
         A. The Link Between Energy and Climate     1
        B. Energy Policy Retrospective How We Got
                to Where We Are Today     2
        C. Energy Policy Today     4

II. Current Energy Picture     6
        A. Fuel Mix     6
        B. Domestic Fuel Production     7
        C. End Uses of Energy     7
        D. Conversion, Transmission, and End-Use Efficiency     8

III. Current Greenhouse Gas Emissions Picture     10

IV. Economic Analysis of Energy Policy     13

V. Energy Policy Choices     16
        A. Fossil Fuel Supply     16
        B. Electricity Production     21
        C. Buildings     32
        D. Industrial Processes     35
        E. Transportation    38

VI. Conclusions        45

Endnotes       52