The Illinois Clean Energy Jobs Act is one of the most ambitious climate bills in the country, but it is also a jobs and economic improvement bill. Most legislation gets mired down in talk of price tags, but with CEJA the better question is — how much will the Illinois economy benefit from its passage?
A recent study developed by The Accelerate Group measured the economic impact of CEJA and found the answer — it’s tens of billions of dollars. The new economic impact report released by the Illinois Clean Jobs Coalition shines a light on just how much CEJA would contribute to the state’s economy. Here’s the bottom line: the legislation, if enacted, would result in $39 billion in new private investment in Illinois through 2030.