Economic Message of the Week: Report: Energy Legislation Could Boost Economy

A new report shows energy legislation would create millions of jobs, raise income levels, and strengthen the U.S. economy.
The analysis, released by Environmental Entrepreneurs, is based on collaborative research by teams at Yale University, the University of California, and the University of Illinois, and shows that legislation "would limit pollution and create incentives to drive large-scale investments in clean energy and energy efficiency."
According to the report, clean energy investments would create up to 1.9 million new jobs nationwide, boosting the GDP by up to $111 billion over the next decade.
"Using new modeling and the latest economic data, 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."

Published: October 28, 2009