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Physical Sciences and Mathematics Commons

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Natural Resource Economics

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2008

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Full-Text Articles in Physical Sciences and Mathematics

Transforming Water: Water Efficiency As Stimulus And Long‐Term Investment, David Mitchell, Janice Beecher, Thomas Chesnutt, David Pekelney Dec 2008

Transforming Water: Water Efficiency As Stimulus And Long‐Term Investment, David Mitchell, Janice Beecher, Thomas Chesnutt, David Pekelney

Publications (WR)

Water Efficiency programs have an established track record as cost‐effective long‐term public resource investments. Less well understood are the short‐term economic impacts of these rapidly scalable and adaptable programs, and the ability of these programs to quickly deliver economic benefit as well as sustainable solutions. This paper quantitatively examines the short‐term economic growth impacts of water/energy efficiency investments, specifically in terms of job creation, income, GDP, national output, water savings, and other benefits.

Our consultant team modeled a wide range of water/energy efficiency program possibilities, across all water‐using sectors and involving indoor, outdoor, and water system efficiencies. This modeling clearly …