An economic modelling study, conducted by the Acadia Center, found that for every $1 million spent on energy efficiency, $3 million to $4 million of GDP growth and 22 to 27 new person-years of employment can result.

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There is also an improvement in government tax revenue which more than offsets the cost of energy-efficiency programs. The Acadia Center estimates that aggressive investment in energy efficiency in Canada alone could generate as many as 304,000 jobs and $48 billion in GDP annually.

Read the full article from the Energy Collective here.