A Program for Economic Recovery and Clean Energy Transition in Maine

Economic Recovery and Clean Energy Transition for Maine

The COVID-19 pandemic has generated severe public health and economic impacts in Maine, as throughout the U.S. PERI researchers Robert Pollin, Jeannette Wicks-Lim, Shouvik Chakraborty and Gregor Semieniuk propose a recovery program for Maine that is capable of exerting an effective counterforce against the state’s economic collapse in the short run while also building a durable foundation for an economically viable and ecologically sustainable longer-term recovery. The study demonstrates how a robust climate stabilization project for Maine will also serve as a major engine of economic recovery and expanding opportunities throughout the state.

>> Watch Robert Pollin discuss the study's release with Maine People's Alliance
>> Read about all of PERI's U.S. States' green growth research

Press Coverage

Beacon: Study: Maine could recover jobs lost in pandemic by hitting climate goals
Maine Biz: New study: Maine can recover from economic crisis by addressing climate change
WABI: Maine People’s Alliance holds virtual meeting on clean energy study

Abstract

The COVID-19 pandemic has generated severe public health and economic impacts in Maine, as with most everywhere else in the United States. This study proposes a recovery program for Maine that is capable of exerting an effective counterforce against the state’s economic collapse in the short run while also building a durable foundation for an economically viable and ecologically sustainable longer-term recovery. Even under current pandemic conditions, we cannot forget that we have truly limited time to take decisive action around climate change. As we show, a robust climate stabilization project for Maine will also serve as a major engine of economic recovery and expanding opportunities throughout the state. The study includes three sections: 1. Economic Stimulus through Restoring Public Health; 2. Clean Energy Investments, Public Infrastructure Investments, and Jobs; and 3. Financing a Fair and Sustainable Recovery Program.

This is an official web page
of the University of Massachusetts.

Political Economy Research Institute

Gordon Hall, 418 N. Pleasant St., Suite A

Amherst, MA 01002
Tel: 413-545-6355 Fax: 413-577-0261
Contact: