ATR vs. Reality: Green Jobs in Alabama

Americans For Tax Reform Ignores New Green Jobs

Americans for Tax Reform:

Today begins a daily, state by state, look at the financial impact of the Waxman-Markey Cap and Trade Tax Bill. Everyday we will show you the projected losses in Gross State Product, Personal Income, and Non- Farm Jobs in a different state. [...]

Alabama:

According to a study by Karen Campbell, Ph.D. and David Kreutzer, Ph.D. at the Heritage Foundation, Alabama will suffer the following losses in 2012 as a result of Cap and Tax:

• A decline in Gross State Product of -$1,905,440,000.
• Total Personal Income Loss of -$2,667,830,000
• Non-Farm Job losses of -23,910.

[ATR, 8/11/09]

Reality: Every Single State Will Gain Jobs From An Investment In Clean Energy Technologies. "Investments in a clean-energy economy will generate major employment benefits for Alabama and the rest of the U.S. economy. Our research finds that Alabama could see a net increase of about $2.2 billion in investment revenue and 29,000 jobs based on its share of a total of $150 billion in clean-energy investments annually across the country. This is even after assuming a reduction in fossil fuel spending equivalent to the increase in cleanenergy investments." [Center for American Progress, The Economic Benefits of Investing in Clean Energy, 6/17/09]

• Alabama Will Gain 29,000 Jobs From An Investment In Clean Energy Technologies. According to the Center for American Progress and the Political Economy Research Institute, Alabama could see "a net increase of about $2.2 billion in investment revenue and 29,000 jobs based on its share of a total of $150 billion in clean-energy investments annually across the country. This is even after assuming a reduction in fossil fuel spending equivalent to the increase in clean energy investments." [Center for American Progress and the Political Economy Research Institute, Clean-Energy Investment Create Jobs In Alabama, 6/17/09]

Americans For Tax Reform Cites Heritage Foundation Study

ATR's post is based on a study by the Heritage Foundation, receives significant funding from ExxonMobil.

The Heritage Foundation Received $50,000 From ExxonMobil In 2008. According to ExxonMobil's 2008 Worldwide Contributions and Community Investments disclosure, they donated $50,000 to the Heritage Foundation in 2008. [2008 Worldwide Contributions and Community Investments, accessed 8/3/09]