California Study: 20,000 New Jobs From Energy Alternatives!

Via WorldChanging, a new report from the UC Berkeley California Climate Change Center, titled Managing Greenhouse Gas Emissions in California, outlines the economic implications of an executive order recently signed by governor Schwarzenegger, which set CO2 ("GHG") emission reduction goals for the state. These included reducing emissions to 2000 levels by 2010, 1990 levels by 2020, and a dramatic lowering to only one fifth of 1990 levels by 2050. The outcome of the economic study: working to meet these targets will have an enormously positive effect on the state's economy! 

The study actually examined a range of steps which allow roughly half the 2020 target to be met; they acknowledge other improvement areas remain to be studied. The primary improvement areas for action were efficiency targets for buildings and vehicles: the net benefits for both were definitely positive to the state economy and state employment, and the study found that the earlier action is taken, the better.

The bottom line number for 2020 from the approaches studied was a net addition of $60 billion and 20,000 jobs to the state economy by making California a leader in the new energy world.

Created: 2006-02-01 04:39:22 by Arthur Smith
Modified: 2006-02-01 04:40:07 by Arthur Smith