A Proposal for Financing the Clean Energy Transition

The transition to a clean economy will involve significant economic shifts in how we consume electrical power. This transition can either be a tool that helps to rebuild America, or it can be a disruptive force.

December 5, 2013

The transition to a clean economy will involve significant economic shifts in how we produce, distribute, and consume electrical power. Since electricity touches virtually every aspect of modern society and is an $840 billion sector of the economy, this transition can either be a tool that helps to rebuild America and revitalize our manufacturing sector and the middle class, or it can be a disruptive force that creates unnecessary hardship for particular communities, industrial sectors, and demographics.

However, a well-managed transition with adequate financing can ensure that jobs are created to replace the jobs that are lost in affected industries, that new economic development strategies replace lost tax revenues, and that the skills Americans need to compete in a 21st Century economy are readily available.

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