Business & Finance
Energy price shocks slow state economies; spur energy efficiency investments
Key Points
Rising energy prices in the U.S. reduce states' economic output, but they also prompt investments in more efficient equipment and technologies that partially offset those output losses over time, according to a new study by researchers at Penn State.
Rising energy prices in the U.S. reduce states' economic output, but they also prompt investments in more efficient equipment and technologies that partially offset those output losses over time, according to a new study by researchers at Penn State.