abstract: 'Climate protection policy and its analysis are pursued in the context of

  other societal goals, among them the maintenance of economic growth and

  high employment. Too often, however, analysis of energy and climate

  policy does not realistically reflect technological conditions and the

  dynamics of technological change. This tendency unnecessarily associates

  the decline in energy consumption or carbon emissions with the decline

  in national economic output or income. But there is ample prima facie

  evidence to the contrary. Just as in the 19th century when the perceived

  need to reduce labor inputs as part of the production process spurred

  labor-saving technological progress, now the need to reduce energy (and

  pollution) costs could spur innovation and diffusion of efficient and

  clean energy technologies. This, in turn, can increase overall growth in

  economic productivity. Energy technology analysts have identified many

  such existing and near-term commercial technologies, as well as

  innovations that can be foreseen beyond the immediate technological

  horizon, which would become widely used if policies were developed to

  overcome market and institutional barriers. This paper presents a

  macroeconomic analysis for a set of policies that would induce the

  adoption of more efficient and low-carbon technologies, and finds that

  overall employment and economic output could be increased by small

  amounts while significantly reducing carbon emissions. Published by

  Elsevier Science Ltd.'
affiliation: 'Laitner, S (Corresponding Author), US EPA, Off Atmospher Programs, 401
  M St SW, Washington, DC 20460 USA.

  US EPA, Off Atmospher Programs, Washington, DC 20460 USA.

  Tellus Inst, Boston, MA 02116 USA.

  Amer Council Energy Efficient Econ, Washington, DC 20036 USA.'
author: Laitner, S and Bernow, S and DeCicco, J
author_list:
- family: Laitner
  given: S
- family: Bernow
  given: S
- family: DeCicco
  given: J
da: '2023-09-28'
doi: 10.1016/S0301-4215(97)00160-2
files: []
issn: 0301-4215
journal: ENERGY POLICY
keywords: climate policy; economic impacts; energy/economic modeling
language: English
month: APR
number: '5'
number-of-cited-references: '25'
orcid-numbers: DeCicco, John/0000-0003-4923-1398
pages: 425-432
papis_id: 155a605e6b4558ee896d4a9498091264
ref: Laitner1998employmentother
times-cited: '32'
title: Employment and other macroeconomic benefits of an innovation-led climate strategy
  for the United States
type: article
unique-id: WOS:000074364700006
usage-count-last-180-days: '1'
usage-count-since-2013: '9'
volume: '26'
web-of-science-categories: 'Economics; Energy \& Fuels; Environmental Sciences; Environmental

  Studies'
year: '1998'