April 26, 2010

Economic Impacts of Comprehensive Climate and Energy Policy: National Climate Change Stakeholder Recommendations and U.S. Senate Proposals Would Advance Economy and Employment

This macroeconomic study by the Center for Climate Strategies used the REMI PI+ model to document the reductions in household energy prices and greenhouses gases, as well as the expansion of jobs, gross domestic product, and income expected from local, state, and federal implementation of 23 important energy, transportation, and natural resource policies. The analysis underscored the strategic benefits of comprehensive approaches to managing greenhouse gas emissions, the need for a national framework to support a balanced portfolio of actions, and the importance of stakeholder involvement in policy development and management of the economy. Locally and regionally derived policies can be translated to action in all 50 states, but require a national framework for full implementation and the full national implementation of climate and energy policies becomes hindered by adequate investment and authority at the program level.

Center for Climate Strategies – Economic Impacts of Comprehensive Climate and Energy Policy [full PDF]