Research Report
The Role of the Energy Transition in Economic Development and Equality
Evidence from a sector-level forecast of the economic benefits from clean energy investment in the United States. This study quantifies $2.36 trillion in projected benefits from the planned shift to clean energy.
- The Energy sector could see 80% renewable energy, saving $1.61 trillion in climate and health costs
- Reaching EV sales goals could save $273 billion in the Transportation sector
- Industry offers $130 billion in low-hanging benefits from better efficiency
- Renewables can shield the US economy from geopolitical risk by reducing oil & gas reliance
- Fossil fuel use causes an estimated $3.4 trillion in annual damage to the global economy