Investing in GHG Emissions-Reduction Technology: Assessing the Economic Impact

This study quantifies the economic impact of investments in greenhouse gas emission-reducing technologies that are funded in whole or in part by Alberta’s Climate Change and Emissions Management Corporation (CCEMC). Between 2011 and 2016, these investments are expected to amount to just over $1.3 billion (2007 $). Signal49 Research estimates that the total economic impact (including direct, indirect, and induced effects) of CCEMC and related investments from 2011 to 2016 will be over $2.4 billion (2007 $). In terms of the impact on jobs, we estimate that an additional 15,017 person-years of full-time-equivalent (FTE) employment will be added over the six-year period. The CCEMC’s investments are also expected to improve household incomes, retail sales, and government revenues.