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Federal Policy Building Blocks to Support a Just and Prosperous New Climate Economy in the United States
The report uses the IMPLAN input-output framework to estimate the employment impacts of four federal climate policy scenarios in the United States by 2035. It finds that decarbonization scenarios—ranging from extended tax credits to a full net-zero path—would create more net jobs than a reference scenario, with the net-zero scenario potentially adding 2.3 million net jobs. The analysis highlights that job growth would be concentrated in building and electricity construction, while noting that some regions and subsectors would face job losses, necessitating targeted investments and domestic content regulations to ensure an equitable transition. Additionally, the report argues that implementing family-sustaining wage requirements for underpaid energy workers would generate significant economy-wide benefits.
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Document type: Report