ICF for NextGen Climate America, Inc. (dated “nov. 5, 2015”)
[Inside Climate News] Rebuilding the U.S. energy industry to substantially reduce reliance on carbon-based fuels may result in a net gain of 2 million jobs by 2050 while increasing disposable household income, according to a new study sponsored by a nonprofit that advocates clean energy.
The report, by the Virginia-based consulting firm ICF International, found that a large-scale shift to renewable sources for generating electricity could increase U.S. employment by 1 million jobs by 2030 and 2 million by 2050, even after accounting for job losses related to fossil fuels. The transition would also provide between $300 and $650 in additional disposable income per household annually in 2050, the report found…