East Coast Cap-and-Trade Program Created Jobs, Saved Energy For Connecticut

via internet business politics

One to keep in you pocket whenever you're faced with someone trying to tell you than putting a price on carbon and promoting energy efficiency will hurt more than they help: Huffington Post reports on the benefits of the Regional Greenhouse Gas Initiative. Using the experience of Connecticut's Energy Conservation Management Board (which runs the state's energy efficiency programs) as an example:

Between 2008 and 2009, these...programs produced $3 to $4 for every $1 invested. Nearly 2,700 jobs are directly attributed to energy efficiency, with an average employment income of $50,000 per year. ECMB's energy efficiency programs also reportedly benefit low-income consumers -- through auditing, weatherization, and retrofitting programs, consumers say an estimated $6 million in annual energy savings.
Read more: Huffington Post
More on Green Jobs:
London's Mayor Wants Unemployed to be Trained as Energy Efficiency Advisors
Stimulus Bill Created Nearly 1 Million Green Jobs: CEA Report

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