Economic Growth Will Follow Clean Energy and Climate Legislation

New analysis shows that strong clean energy and climate policies would create jobs, raise incomes and strengthen the U.S. economy.

The University of Illinois, Yale University and the University of California collaborated on the new study, which demonstrates that clean energy and climate legislation, such as the American Clean Energy and Security Act, would lead to large-scale investments in clean energy and energy efficiency.

Such legislation would create up to 1.9 million new jobs, the study suggests, and increase household income by up to $1,175 per year; GDP would get a $111-billion boost.

In addition, every state would see economic gains. Environmental Entrepreneurs, an independent business voice for the environment, along with Ceres and the Clean Energy Network, have sponsored the publication of 50 state fact sheets to show what benefits each state could anticipate following the passage of comprehensive clean energy and climate legislation.

- Suzanne Bopp