In Europe, and elsewhere, it is critical to recognize that this clean energy investment project will pay for itself in full over time in strictly financial terms - i.e. in addition to its obvious ecological benefits.

In order to control climate change, the International Panel on Climate Change (IPCC) estimates that greenhouse gas emissions will need to fall by about forty percent by 2030. Achieving the target goals will be highly challenging. Yet in Greening the Global Economy, economist Robert Pollin shows...