Abstract
This paper estimates the economic and jobs impact of the USA displacing 1.2 billion tons of carbon emissions annually by 2030 using energy efficiency and renewable energy. We assess the technologies deployed, their costs, and the necessary time frames. We then estimate the job impacts of the policy and find that it will generate more than 4.5 million net jobs. We disaggregate the jobs created by industry, occupation, skill, and salary, and discuss the policy implications of these findings. Our major conclusion is that climate mitigation initiatives can be a major net job creator for the USA.
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