Report: California Saves Money By Saving Energy

By: Associated Press
By: Associated Press

SAN FRANCISCO (AP) - Efficient energy use has paid off in
A new study says the state has saved about $56 billion in
electricity costs and created 1.5 million jobs over 35 years by
using energy more efficiently than other states.
The report has been released by an economist at the University
of California at Berkeley. It finds that state policies that boost
energy efficiency aren't just good for the environment, they're
also good for the economy.
California was among the first states to create
energy-efficiency standards in a number of areas.
The average Californian now uses about 40 percent less
electricity than the average American.
The study also says plans to reduce greenhouse gas emissions
could create 400,000 new jobs and increase household incomes by up
to $48 billion annually by 2020.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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