According to a recent study by the U.S. Climate Action Partnership (USCAP), the U.S. economy will experience robust growth of about 70 percent through 2030 even as it adopts policies to lower greenhouse gas emissions. The study concludes that U.S. GDP will grow 70 to 71 percent through 2030, assuming the adoption of climate legislation similar to the Blueprint for Legislative Action, USCAP's set of recommendations for climate policy. In the absence of climate policy, U.S. GDP would grow at virtually the same rate — 71 to 72 percent - through 2030.
The USCAP analysis was conducted using two economic models similar to those employed by the Environmental Protection Agency and the Energy Information Agency in their review of climate legislation. Read the full report.