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Reducing carbon emissions could help -- not harm -- US economy
Date:3/19/2008

40 percent below projected business-as-usual trends, even under most pessimistic assumptions the GDP would grow 2.4 percent a year, reaching $23 trillion by 2030, according to the websites predictions. Under the most favorable assumptions, GDP would rise slightly above 3 percent a year.

The website shows that even under the most unfavorable assumptions regarding costs, the U.S. economy is predicted to continue growing robustly as carbon emissions are reduced, said Repetto. Under favorable assumptions, the economy would grow more rapidly if emissions are reduced through national policy measures than if they are allowed to increase as in the past.


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Contact: Janet Rettig Emanuel
janet.emanuel@yale.edu
203-432-2157
Yale University
Source:Eurekalert  

Page: 1 2

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