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America’s New Climate Economy: A Comprehensive Guide to the Economic Benefits of Climate Policy in the United States
Devashree Saha and Joel Jaeger, World Resources Institute Energy Solutions
The United States has made substantial progress towards a low-carbon economy over the past several years. Low-carbon technologies have become more efficient and affordable, and U.S. clean energy investment and deployment grew to new heights, creating millions of jobs. Whether this continues will depend on how the government responds to the COVID-19 crisis.
In addition, addressing climate change can allow the United States to secure a share in the booming domestic and global cleantech market by manufacturing and exporting low-carbon technologies. Moreover, it will help revitalize rural communities by diversifying rural economies and providing affordable clean energy.
Inequalities highlighted by the COVID-19 crisis make it clear that the United States must ensure that moving forward climate policies are fair and equitable by supporting fossil fuel workers and communities and ensuring the benefits of climate policies are shared by all.
Access the full report here
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