A Majority Renewables Future
Clean energy is poised to be a cornerstone of our nation’s economic recovery and world-class 21st century American economy.
Policies and programs focused on boosting infrastructure investment, including the U.S. electric grid and clean energy power plants, can play an important role in economic recovery and job growth. Innovation, investments, and new opportunities will move America towards a more prosperous, cleaner future to ultimately benefit local communities, the environment, and consumers.
A first-of-its-kind study, conducted by international analysis group Wood Mackenzie, finds that reaching a majority renewables grid will:
- Deploy over $1 trillion in capital investment over the next decade.
- Support nearly 1 million direct, renewable energy jobs.
- Stabilize wholesale power prices and preserve grid stability.
- Reduce U.S. carbon emissions by over 60 percent.
Administrative and legislative policies can pave the way for the U.S. to achieve these benefits within the next 10 years.