The Economic Benefits of a Green Chemical Industry in the United States

Political Economy Research Institute (PERI) for the BlueGreen Alliance
http://www.bluegreenalliance.org/press_room/publications?id=0070

[From Press Release]  A new report demonstrates that the U.S. chemical industry shed 300,000 jobs since 1992, despite production increasing by 4 percent per year. Under the current scenario, the industry stands to lose approximately 230,000 jobs in the next 20 years. But contrary to arguments that chemical policy reform will cost jobs and stifle innovation, the report demonstrates that innovation in sustainable chemistry presents new opportunities to reverse the job shedding trend. For example, if 20 percent of current production were to shift from petrochemical-based plastics to bio-based plastics, 104,000 additional jobs could be created in the U.S. economy. [H/T: Greenwire, sub. req'd]

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