September 2008
Prepared for The Center for American Progress

This report outlines a green economic recovery program to strengthen the U.S. econ­omy over the next two years and leave it in a better position for sustainable prosperity. In the pages that follow, we detail how to expand job opportunities by stimulating eco­nomic growth, stabilizing the price of oil, and making significant strides toward fight­ing global warming and building a green, low-carbon economy. This green economic recovery program would be a down payment on a 10-year policy program recom­mended by the Center for American Progress in its 2007 “Progressive Growth” series, which lays out an economic strategy for the next administration.

By accelerating the implementation of these polices, we address our immediate need to boost a struggling economy and jumpstart our long-term transformation to a low-carbon economy. This green economic recovery program would spend $100 billion dollars over two years in six green infrastructure investment areas. These are all areas that the CAP report outlined as key to transitioning to a low-carbon economy to create new green jobs—particularly in the struggling construction and manufacturing sectors.

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