Report predicts 236,000 new California jobs from tougher fuel standards

Next 10, a San Francisco-based nonprofit that promotes the growth of the state's clean tech sector, said the state and federal governments' implementation of aggressive new fuel economy standards could boost growth in California's $1.9 trillion economy by up to 1.31 percent by the year 2025 while cutting the amount of greenhouse gas emissions by as much as 19 percent. "Efficiency fuels growth by saving consumers and businesses money and allowing them to spend it on things they really want," said the report's author, UC Berkeley professor David Roland-Holst. The report said savings on fuel will more than offset the higher sticker prices. The report also said that most of the new cars built to meet the aggressive fuel standards will be more efficient gasoline-driven cars.