Last month world leaders gathered at the United Nations for a summit on global clean energy investment, while outside trade unionists, mayors, philanthropists, and student activists all rallied in a major climate march, to echo calls for divestment from fossil fuels and a new generation of investment in clean energy and good jobs. These growing calls to action raise important questions. How can we stabilize an already-changing climate in a way that promotes economic prosperity? And what levels of investment will be required to reach this urgent goal?
An important set of answers is contained in the recent study “Green Growth: A U.S. Program for Controlling Climate Change and Expanding Job Opportunities” jointly published by the University of Massachusetts Political Economy Research Institute and the Center for American Progress. This book, which I co-author with Dr. Robert Pollin, Dr. Heidi Garrett-Peltier, and Dr. James Heintz, builds on four years of research, and the findings are cause for both great hope and grave concern.
The above excerpt was originally published in Green Growth Knowledge Platform.
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