California report links emissions reductions to economic growth

A new report on pollution, economic growth, and renewable energy in California sheds new light on the link between emissions regulations and economic growth ahead of the Global Climate Action Summit in San Francisco next month.

The report released Thursday shows that even as the state implemented stricter emissions standards than other states and most countries, its economy continued to grow faster.

The report, the 10th edition of the California Green Innovation Index, was produced by Next10, a non-profit research and education firm, and Beacon Economics, a California economic research and consulting firm.

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California passed its own climate-change regulation in 2006, the Global Warming Solutions Act (better known as AB32), which set a goal of reducing greenhouse-gas emissions to 1990 levels by 2020. The Green Innovation Index shows that since AB32 passed, greenhouse gas emissions have dropped slightly more than the national average, while per capita GDP in the state outpaced national growth by more than 35 percent.

via Green Car Reports California report links emissions reductions to economic growth