job creation

More jobs than coal, oil and gas: Investing in the environment promotes economic growth

User Image egrossman | September 4, 2012
By Elizabeth Grossman We’ve heard repeatedly throughout this political season and throughout this Congress that environmental regulations stifle economic growth and destroy jobs. Yet a new economic analysis shows that in recent years, environmental restoration projects have created significantly more jobs per million dollars of investment than other industries, including coal, gas, and nuclear energy. The study, conducted by Peter Edwards, a natural resource economist with the National Oceanic and Atmospheric Administration (NOAA) and colleagues, examined job creation resulting from American…