Full Title: Oregon Energy Policy Simulator Insights: Recent Developments, Policies To Meet Emissions Goals
Author(s): Shelley Wenzel, Megan Mahajan, Eric Strid
Publisher(s): Energy Innovation
Publication Date: March 10, 2022
Full Text: Download Resource
Description (excerpt):
Research using the Oregon Energy Policy Simulator developed by Energy Innovation, the Green Energy Institute, and Power Oregon evaluates the state’s recent climate policies, finding they would reduce emissions 25 percent below the 1990 baseline in 2035 and nearly 30 percent below in 2050, adding $140 million to the state’s economy and creating 570 jobs in 2050. The research shows Oregon can leverage its ambitious power sector policies for deeper emissions cuts and greater job benefits. Adopting stronger policies across the economy, especially for buildings and transportation, would reduce emissions 50 percent by 2035 and 74 percent by 2050, boosting the state’s GDP by nearly $4 billion and creating 18,000 jobs in 2050.