July 07, 2010

Impacts of Comprehensive Climate and Energy Policy Options on the U.S. Economy



This study from the Center for Climate Strategies at Johns Hopkins University compiled and updated the findings of 16 comprehensive state climate action plans and extrapolates the results to the nation. Then those results projected the national impact of these climate policies on employment, incomes, gross domestic product, and consumer energy prices using the REMI Policy Insight tool. It was found that if the studied energy policies were implemented nationwide at all levels of government, it would result in 2.5 million net new jobs in 2020 and a $159.6 billion expansion in GDP in 2020, more than $5 billion net direct economic savings in 2020, and a reduction in consumer energy price of 0.56% for gasoline and oil.

Johns Hopkins University – Impacts of Comprehensive Climate and Energy Policy Options on the U.S. Economy [full PDF]