As California Goes Green, Its Economy Will Prosper And Residents Will Save

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Efforts to reduce greenhouse gas emissions will ultimately
benefit California’s
economy by cutting costs, adding jobs, and saving residents money, according to
a new report.

California’s
pioneering climate change legislation requires that carbon dioxide emissions be
cut to 1990 levels by 2020. State air regulators now estimate that under these
emission-cutting rules, California’s
economy will be slightly more productive than it would be without the
regulations.

California Air
Resources Board
analyzed statistics and the proposals and concluded that
the state’s productivity will be increased $27 billion over what would be
realized if the state doesn’t follow emissions reduction proposals.

"These reports support the conclusion that guiding California toward a
clean energy future
with reduced dependence on fossil fuels will grow our
economy, improve public health, protect the environment and create a more
secure future built on clean and sustainable technologies," said Mary
Nichols, Air Resources Board Chairman.

The state air regulators project 100,000 more jobs would be
pumped into the economy as a result of the emissions reduction proposals, and
an average
California household would save $400
a year due to higher energy efficiency
in vehicles and homes, the Associated Press reports.

 

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