The green economy contributes $1.3 trillion in annual sales revenue to the United States economy, while also creating 9.5 million full-time jobs, according to a new study.
Key Points
Measuring the green economy's impact in the United States is difficult because the government doesn't collect official data. To arrive at their conclusions, Maslin and Georgeson focused on low carbon industries such as electric vehicles and energy management in buildings. They complied public and private data — often at a granular level — and then used data triangulation to synthesize the different data sets and samples.
The researchers said their methodology "can estimate the sales and employment in the green economy, the share of the country's economy taken up by the green economy, growth in the green economy and the green economy sectors that are leading that growth."
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