Analysis shows $100 billion in stimulus investment would add $727 billion to California’s gross state product, increase tax revenues, create millions of jobs, and deliver savings to consumers
SAN FRANCISCO, September 29, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of California. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.