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Federal Stimulus Investment in Advanced Energy Infrastructure Could Deliver Trillions to U.S. Economy, Millions of Domestic Jobs, and Billions in Consumer Savings

Posted by Jane Reynolds on Jun 24, 2021

Report shows that proposed $600 billion in federal stimulus investments for advanced energy infrastructure could create millions of jobs, save consumers billions in energy costs, and add $3.5 trillion to U.S. GDP.

WASHINGTON, D.C., June 24, 2021 — Today, national business association Advanced Energy Economy (AEE) released a report quantifying the benefits of proposed national stimulus infrastructure investment in the advanced energy sector. An investment of $600 billion would add $3.5 trillion to the national economy, create more than 28 million new jobs (in job years), generate over $600 billion in annual tax revenue at all levels of government, and save consumers over $74 billion annually on energy costs. The report was released in the midst of active negotiations on an infrastructure package to be considered by Congress. 

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Topics: Federal Policy, Press Releases