Modelling the Impact of Clean Energy Innovation

Google.org, the philanthropic arm of Google Inc., has released an analysis using McKinsey and Company’s U.S. Low Carbon Economy model to estimate the potential impact of clean energy innovation on the U.S. energy system and economy by 2030 and 2050. The results compare a “business as usual” approach with other scenarios of aggressive technological innovation and strong government incentives for clean energy. It concludes that strong technological innovation alone could result in over 1.1 million net new jobs by 2030, while improving economic output and reducing emissions.

LINKS:

The Impact of Clean Energy Innovation: Examining the Impact of Clean Energy Innovation on the United States Energy System and Economy at:

http://www.google.org/energyinnovation/The_Impact_of_Clean_Energy_Innovation.pdf

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