Climate Change Could Be Boon To California Industries
Managing Greenhouse Gas Emissions in California report finds that just eight policy strategies can take California halfway to the governor's 2020 targets while increasing the state's gross state product by $60 billion and adding 20,000 new jobs.
California's effort to fight global warming may seem quixotic, but it could make the state some real money - like $60 billion, according to a new analysis by UC Berkeley researchers.
A team of more than 20 experts found the effort to meet Gov. Arnold Schwarzenegger's global warming emissions targets could reap considerable economic advantages.
Those gains would come from a variety of avenues but would be due largely to the benefits of having California take the lead on efforts to reduce so-called greenhouse gases.