The San Francisco Chronicle reports on the conclusions of a study just completed by the California State Air Resources Board that “going green” will be extremely beneficial to the state’s economy.
Under the California Global Warming Solutions Act of 2006, the state must impose a limit on the amount of pollutants companies emit and expand renewable energy. These changes, along with others, would result in 100,000 new jobs, boost the state economy by $27 billion and increase personal income by $14 billion, the study said.
It’s traditional to believe that becoming green – reducing energy usage, switching to renewable energy, and curbing greenhouse gas emissions – is costly and a net drag on economies. But studies like this one, as well as many others (see the Rocky Mountain Institute website for many more examples), show again that the future is going to be both green and profitable.