10 Jun '11, 7pm

Implementing the NY Solar Jobs Act will lead to over 40K new jobs and over $55B in additional economic output.

Implementing the NY Solar Jobs Act will lead to over 40K new jobs and over $55B in additional economic output.

A newly revised analysis of jobs and economic impacts shows that implementing the New York Solar Jobs will lead to over 40,000 new jobs and over $55 billion in additional economic output. The analysis was completed using the U.S. Department of Energy National Renewable Energy Laboratory “JEDI” modeling tool . JEDI stands for “Jobs and Economic Development Impacts” model. The graphic below shows what it measures. What’s it gonna cost to get those jobs and new economic development? Negative 4.7 billion dollars going out to 2035. In other words, New York will save over $4.7 billion through 2035 by passing the New York Solar Jobs Act (represented by the area in blue in the graphic below). Focusing strictly on the cost portion of the ledger (the red area in the graph), our rate impact analysis shows it will cost less than 1 percent of our total statewide electricity bill in any...

Full article: http://switchboard.nrdc.org/blogs/pbull/lets_chat_about_t...

Tweets

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Celebrating

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