The Environmental Protection Agency released new rules that establish the first carbon-emissions standards for power plants. Also known as Clean Power Plan, it will drive investment in clean energy technologies, encourage innovation, lower energy expenses and mitigate the effects of climate change. This is good news for entrepreneurs as it will strengthen small businesses and, most especially, the economy.
The Clean Power Plan is projected to open 125,000 thousand jobs by 2040. With estimated energy savings of $155 billion between 2020 and 2030, it will help small businesses save money on energy expenses and give people more money to place on small businesses. It will also provide entrepreneurs the capital and resources to innovate and grow their business. In a word, the energy standards will encourage private investment in new energy technologies.
In fact, the new clean energy standards are strongly supported by entrepreneurs. According to Small Business Majority, 87 percent of small business owners believe that improving clean energy innovation and energy efficiency can increase prosperity through potential job savings and job creation. They also believe that these standards can create jobs and spur innovation.
To tap the economic benefits of the energy industry, it is important to streamline your operations to become energy efficient and to reduce waste. You can make many improvements in this area by making simple changes. These standards will not only help create new jobs, it will also help you save money. Moreover, you can help save planet Earth as it reduces the harmful effects of climate change.
Many small business owners are supporting the new standards as they strengthen the economy by reducing energy costs, mitigating climate change, promoting innovation and creating opportunities for entrepreneurs. In a word, these standards can be the best thing for small businesses and the economy.