Tuesday, June 22, 2010

The U.S. low carbon economics tool


Debates swirl in the United States around the impact of various domestic and international climate and energy policy choices. Federal and state policy makers, business leaders, investors, and academics are trying to understand how different types of legislation under discussion might affect the economy, jobs, and consumers' wallets.

McKinsey has developed a model to allow public- and private-sector leaders and nongovernmental organizations (NGOs) to better understand the macroeconomic impact that different policy and infrastructure-development scenarios have on GDP, jobs, and the consumer in the United States at the state and federal levels, by year, for the two decades between 2010 and 2030. The model enables analysis of the potential economic implications of a wide variety of possible energy and climate policies.

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