Source: Google

Google released an analysis of the economic impact of clean energy innovation today, modeling a variety of long-term scenarios and their influence on GDP growth, a reduction in energy costs and greenhouse gas reductions. They used McKinsey’s Low Carbon Economics Tool, which provides models to assess the macroeconomic impact of climate and energy policies. By 2030 they estimate that innovation in the modeled technologies alone could have a transformative impact on the US, adding over $155 billion per year in GDP and 1.1 million net jobs. Read full report at renewableenergyworld.com

 

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