Low-income communities and the clean energy bill
In “Green Prosperity”, top economists further confirm what we already know: Investments in clean energy are good for low-income people and the U.S economy.
This morning, Green For All and NRDC released a new report, “Green Prosperity: How Clean-Energy Policies Can Fight Poverty and Raise Living Standards in the United States,” by the Political Economy Research Institute.
In “Green Prosperity”, top economists further confirm what we already know: Investments in clean energy are good for low-income people and the U.S economy.
The report finds that through employment opportunities, lower energy bills, and lower transportation costs, clean energy investments would raise living standards for low-income Americans.
A $150 billion investment in clean energy would create 1.7 million net American jobs. That’s three times more jobs than the dirty energy industry could create with the same investment.
Here’s the catch: The outcomes predicted in “Green Prosperity” will only come about through strong legislation. Historically excluded communities will continue to be marginalized in the new economy unless we write inclusion into the laws from the start.
