The Value of Clean Energy Innovation

Posted by Shana Fong on June 28, 2011

Google.org uses a calculation tool from McKinsey and Co., along with a wide range of government data and its own assumptions, to produce a report and an interactive website to show that enough cleantech innovations can add 1.1 million jobs and $158 billion to the country’s gross domestic product – while cutting energy costs by $942 per household annually by 2030.

If innovations are paired with stronger energy policies, the country will add $244 billion to the GDP and nearly 2 million jobs while saving home energy costs by $995 per household.

Check out their website here: http://www.google.org/energyinnovation/
And the full report here: http://www.google.org/energyinnovation/The_Impact_of_Clean_Energy_Innovation.pdf

Source: Forbes