Study: California's Green Economy Has Created 1.5 Million Jobs, $45 Billion

Wonk Room — Tue, 21 Oct 2008 19:45:00 -0400

A major new study of the success of California’s green economy by economist David Roland-Holst finds that “California’s energy-efficiency policies created nearly 1.5 million jobs from 1977 to 2007, while eliminating fewer than 25,000.” Today, California’s per-capita electricity demand is 40 percent below the national average:

Total electricity use, per capita, 1960-2001

Instead of household income being lost to the capital intensive energy sector, Californians have enjoyed the benefits of their wages being plowed into job creating sectors, such that “induced job growth has contributed approximately $45 billion to the California economy since 1972.”

Energy Efficiency, Innovation, and Job Creation in California, by David Roland-Holst, an economist at the Center for Energy, Resources and Economic Sustainability at the University of California, Berkeley, is the first study of how the savings from California’s energy efficiency standards affected its economy through “expenditure shifting” away from the energy sector. The author explains:

When consumers shift one dollar of demand from electricity to groceries, for example, one dollar is removed from a relatively simple, capital intensive supply chain dominated by electric power generation and carbon fuel delivery. When the dollar goes to groceries, it animates much more job intensive expenditure chains including retailers, wholesalers, food processors, transport, and farming. Moreover, a larger proportion of these supply chains (and particularly services that are the dominant part of expenditure) resides within the state, capturing more job creation from Californians for California. Moreover, the state reduced its energy import dependence, while directing a greater percent of its consumption to in-state economic activities.

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Wed, 08 Sep 2010 20:19:10 -0400

Since the room Onk. A new study from much of the success of ecological economics in California by economist David Roland-Holst policies considered ‘alifornia for energy efficiency nearly 1.5 million jobs from 1977 to 2007, while eliminating fewer than 25,000 . Today, California’s per capita electricity demand is 40 percent below the national average: total electricity use, per capita, 1960-2001 Instead of household income being lost to the sector capital energy-intensive, Californians have enjoyed the benefits of their wages to hit job-creating sectors, so that employment-led growth has contributed approximately 45 billion to the economy of California since 1972. ‘Nergy Efficiency, Innovation and Job Creation in California, by David Roland-Holst, an economist at the Center for Energy, Resources and Economic Sustainability at the University of California, Berkeley, is the first study of how energy efficiency savings California standards affected its economy through ’ People are so kind if they can realise to help other people. Even they are rich, but they aren’t selfish to another.

Hill Heat: Study: California's Green Economy Has Created 1.5 Million Jobs, $45 Billion

Study: California's Green Economy Has Created 1.5 Million Jobs, $45 Billion

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