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New Report Says Eliminating Carbon Emissions by 2050 can Benefit State’s Economy

Home » Economic Activities » Economic Diversification » New Report Says Eliminating Carbon Emissions by 2050 can Benefit State’s Economy

New Report Says Eliminating Carbon Emissions by 2050 can Benefit State’s Economy

Home » Economic Activities » Economic Diversification » New Report Says Eliminating Carbon Emissions by 2050 can Benefit State’s Economy

Eliminating carbon emissions in Virginia by 2050 is achievable and affordable

A study released by UVA’s Weldon Cooper Center for Public Service details the ways Virginia can eliminate carbon emissions by 2050 in an achievable and affordable way, providing a net benefit to the state’s economy.

In the study, colleagues from UVA and Evolved Energy Research have identified policy steps that can help achieve this goal, such as implementing policies to boost the transition to electric cars, while also highlighting steps that should be taken to do this in a cost-effective way.

In this publication, Whitelaw Reid interviews Professor William Shobe, director of University of Virginia’s Center for Economic Policy Studies at the Cooper Center and co-author of the report, taking a deeper dive into the study.

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New Report Says Eliminating Carbon Emissions by 2050 can Benefit State’s Economy

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Economic Opportunities for Community Resilience

There is no question that our communities are experiencing the impacts of change – change in climate; population shifts; technological advancements; displaced economies; to name a few. This coupled with aging infrastructure, lack of capacity to address these new challenges, and long-established inequities combine to reduce a community’s livelihood.

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