1.9 million jobs in the USA

Comprehensive clean renewable energy and climate policies would create jobs, increase consumers’ income and strengthen the economy, according to a study conducted by three universities in the USA. The study estimates that as many as 1.9 million new jobs could be created across the United States within renewable energy, annual household income could increase by US$1,175 per year, and Gross Domestic Product could increase US$111 billion by 2020. The economic assessment was conducted using EAGLE, a forecasting model that projects the long term economic impacts of climate legislation on the economy. The model details economic interactions within and between each of the 50 states, and compares the impacts of combining a limit on carbon pollution with complementary efficiency and renewable energy policies.

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