Switching from natural gas to electricity for US homes will result in higher energy bills, which will impact mostly low-income households, new research showed on Thursday.
The push to switch away from natural gas—a fossil fuel—to electricity in homes is aimed at addressing emissions from buildings and residential energy consumption. Yet, the push has the potential to hit financially low-income American households, Catherine Hausman, an associate professor at the University of Michigan’s Ford School of Public Policy, and Lucas Davis of the University of California, Berkeley’s Haas School of Business, argue in their paper.
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