As Republican senators in the U.S. attempt to delay proposed climate change legislation on the grounds that it could harm the country's economy, a major study from three influential universities suggests that a robust climate bill would have the exact opposite effect and would boost GDP by $111 billion by 2020.
The study, which was undertaken by research teams at the University of California Berkeley, Yale and Illinois, also indicates that action to roll out an emissions cap-and-trade scheme and accelerate the adoption of clean technologies could create between 918,000 and 1.9 million U.S. jobs.