Combined heat and power (CHP) can generate 1 million new jobs and avoid 60% of projected CO2 emissions

The Oak Ridge National Laboratory released its CHP report in December 2008, but it’s worth reviewing again. CHP, it says, helps the United States enhance energy efficiency, ensure environmental quality, promote economic growth, and foster a robust energy infrastructure. Using CHP today, the U.S. already avoids more than 1.9 quadrillion British thermal units of fuel consumption and 248 million metric tons of carbon-dioxide emissions, enough to remove more than 45 million cars from the road.

In 2006, CHP produced more than 12 percent of total U.S. power generation. The report calls for high-deployment policies that would generate $234 billion in new investments and create nearly 1 million new highly-skilled, technical jobs throughout the U.S. In this scenario, more than 60 percent of the projected increase in CO2 emissions between now and 2030 would be avoided.