Garrett-Peltier & Pollin’s research cited in op-ed article, “The Energy Fetish”

An opinion article in The Hill cites the research of Robert Pollin, UMass economics professor and co-director of the Political Economy Research Institute (PERI) and economist Heidi Garrett-Peltier.  Their research supports the argument that investments in reforestation would have a bigger impact, both economically and environmentally, on climate change than investments in energy.  Specifically, every million dollars of investment in forest, stream restoration and sustainable land management would produce 39 jobs. These investments are cheaper and would generate more jobs than investments in conventional energy sources. And, although most of the attention on climate change is attributed to coal power plants and automobile’s emissions, only half of global greenhouse gases come from energy.  Investing in reforestation would generate immediate shovel-ready jobs and significantly cut down on global green house emission. (The Hill, 3/9/10)

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