OAKLAND, Calif. — Two new reports on the impacts of moving to a low-carbon economy show putting money toward energy efficiency, building retrofits and renewable energy projects can create 1.7 million new jobs, significantly more than the same investment in fossil fuel industries.
Green Prosperity cover The reports were released today in tandem by four groups: Green for All, the Natural Resources Defense Council and the University of Massachusetts at Amherst’s Political Economy Research Institute (PERI) worked together on the “Green Prosperity” study, while PERI also worked with the Center for American Progress on the “Economic Benefits” report.
Together, the reports show the economic, environmental and social impacts of investing about $150 billion per year in energy efficiency and clean energy technologies; that number includes funding from the federal stimulus package signed into law in February as well as the proposals in the Waxman-Markey climate bill that is currently making… (read more)
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