The Net Economic Impacts of California’s Major Climate Programs in the Inland Empire

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A report produced by the UC Berkeley Center for Labor Research and Education for Next 10 examines the economic benefits of the Cap and Trade program, renewable energy, and energy efficiency in the Inland Empire.  ,

Some key findings from the report:

  • The net impact from the Renewable Portfolio Standard exceeded $12.4 billion for the region.
  • Cap and trade had a net economic benefit of $25.7 million from the first four years of implementation, 2013 to 2016.
  • When costs to ratepayers are weighed against the job and economic benefits – the net impact of distributed resources and energy efficiency resulted in the creation of more than 12,000 jobs and $1.68 billion across the economy.

Click here to read the full report from Next 10

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