The ARRA’s enactment represented a dramatic attempt to resuscitate a U.S. economy in free-fall…Two years later, the Recovery Act’s public investments have not only saved and created millions of jobs, but have also represented an unprecedented down payment on the nation’s emerging green economy. As outlined in this report, Rebuilding Green: The American Recovery and Reinvestment Act and the Green Economy, the success of that down payment makes a strong case for additional public investment in the green economy as a centerpiece of a national strategy to solve the continuing unemployment crisis.
View this complete post...Posts Tagged ‘BlueGreen Alliance’
Rebuilding Green: The American Recovery and Reinvestment Act and the Green Economy
Monday, March 14th, 2011Full Speed Ahead: Creating Green Jobs Through Freight Rail Expansion
Wednesday, May 5th, 2010BLUEGREEN ALLIANCE & ECONOMIC POLICY INSTITUTE
Economic models estimate about 7,800 green jobs are created for every billion dollars of freight rail capital investment. Furthermore, the industry has nearly doubled the amount of goods it has shipped without increasing fuel consumption over the past three decades, and creates a fraction of the pollution of other transport modes such as trucking and aviation. Its continued growth will generate green jobs, reduce dependence on foreign oil and contribute to solving climate change.
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