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Last updated on Tuesday, October 27, 2009
(UNDATED) - On the eve of U.S. Senate deliberations on clean energy and climate legislation, Indiana businesses for a clean energy economy released a new economic study that finds the strongest federal policy could create up to 45,000 jobs in the Hoosier state by 2020.
The analysis also shows household incomes would increase $1,200 due to savings on energy costs and the state economy would grow by $2.5 billion.
David Roland-Holst, a professor of economics at the University of California is the co-author of the report.
He says aggressive clean energy policy implementation will result in greater economic and job growth in Indiana than moderate or no implementation.
Indiana businesses for a clean energy economy is a coalition of business advocates for setting a national cap on carbon emissions.
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