Clean Energy Investments Could Create 9000 Jobs in Alaska
New analysis shows economic benefits of clean energy and climate legislation
Washington, DC (October 27, 2009) -- New economic analysis shows that comprehensive clean energy and climate policies would create jobs, increase consumers’ income and strengthen the U.S. economy as a wholeBased on collaborative research by the University of Illinois, Yale University and the University of California, the new study clearly demonstrates that comprehensive clean energy and climate legislation would limit pollution and create incentives to drive large-scale investments in clean energy and energy efficiency.
According to the analysis, these investments will create up to 9000 jobs in Alaska and as many as 1.9 million jobs nationally by 2020. In addition, these investments would increase annual household income in Alaska by $487 - $1175 per year and boost GDP by $39 billion - $111 billion by 2020. These economic gains are over and above the growth that Alaska would see in the absence of such a bill.
“This analysis confirms that clean energy and climate legislation can strengthen our economy and create jobs,” said Diane Doucette, climate campaign director for Environmental Entrepreneurs. “America needs to move forward with this legislation to drive investment in clean energy technology, cut carbon pollution and make America a leader for the 21st century.”
These results are consistent with modeling by U.S. government agencies – such as the Environmental Protection Agency, Congressional Budget Office, and the Department of Energy – that show strong economic growth with comprehensive energy and climate legislation, especially when combined with strong energy efficiency policies.
To see state-by-state fact sheets and the full report, go to: www.E2.org/jobs
About the study:
The Environmental Assessment in General Equilibrium (EAGLE) model was developed at the University of California in collaboration with the University of Illinois and Yale University. It details patterns of supply, demand, employment, incomes, resource allocation, energy use, and emissions across the nation and within each of the 50 United States. The EAGLE model has been peer reviewed and technical documentation is available on request.
Environmental Entrepreneurs (E2) is the independent business voice for the environment. E2 is a national community of individual business leaders who advocate for good environmental policy while building economic prosperity. Learn more at: www.E2.org
Posted: October 28, 2009