(From PRWEB) — Putting a price on carbon pollution and investing in clean technology projects in developing countries could create hundreds of thousands of jobs in the US and help America catch up to China and Europe in the clean energy race, according to a new report issued by World Wildlife Fund. WWF’s report highlights a significant, but rarely discussed, economic angle to the Senate’s deliberations on the American Power Act, which was recently introduced by Senators John Kerry (D-Mass.) and Joe Lieberman (I-Conn.). Unlike the House-passed climate bill, which set aside one percent of revenues from emissions auctions for international clean technology investments, the American Power Act contains no such dedicated funding stream nor a program to guide these public investments. This lack of secure, long-term funding would limit the job-creating potential of the legislation by limiting the opportunities for American companies to export their energy technology to global markets. “We’re leaving jobs on the table that this provision could create,” said Lou Leonard, WWF’s Director of US Climate Policy. “If America wants to have any chance of catching Europe and China in the clean energy race we simply cannot afford to ignore international markets for American clean technologies.” Read more.

Originally posted here:
Investing In Clean Energy Projects Abroad is Key to Creating Jobs