"Green Prosperity: How Clean-Energy Policies Can Fight Poverty and Raise Living Standards in the United States" is a new report from the Political Economy Research Institute at the University of Massachusetts, Amherst (PERI), commissioned by Green For All and NRDC.
The report finds that investments in a clean energy economy can significantly drive down the unemployment rate and provide job opportunities to Americans across all skill and education levels. Through increased employment and lower energy bills and transportation costs, the standard of living for low-income people in particular would rise.
In general, our findings show that clean-energy in-vestments create more job opportunities than spend-ing on fossil fuels, across all levels of skill and edu-cation. The largest benefits will accrue to workers with relatively low educational credentials.
We further find that a high proportion of the jobs generated by clean-energy investments should offer good opportunities for advancement through training programs, and more generally, that newly employed low-income workers will see new opportunities to lift themselves and their families out of poverty.
"Green Prosperity" focuses on job creation and the economic impact of clean-energy investments on lower-income families nationally, as well as in forty-one metropolitan statistical areas and Congressional Districts.
With solar and energy efficiency being some of the most cost effective renewable energy strategies, it is significant that energy efficiency improves affordability at the same time it reduces climate change.
ENERGY EFFICIENCY RETROFITS LOWER HOME HEATING AND UTILITY BILLS
Retrofits could reduce living costs by an average of 3-4 percent for low-income households. Achieving these benefits will require well-designed policies to expand the market for retrofits. The markets to provide retrofitting services must be targeted to benefit low-income renters as well as homeowners.
PERI also released a complimentary report with the Center For American Progress called "The Economic Benefits of Investing in Clean Energy: How the Economic Stimulus Program and New Legislation Can Boost U.S. Economic Growth and Employment."
Download the Executive Summary


