Bill Clinton: Green Economy Offers Big Rewards

On Thursday former President Bill Clinton spoke at the U.S. Conference of Mayors' Climate Protection Summit about the possibilities of a "green economy."

"In my view for the United States, it is the greatest economic opportunity we've had since we mobilized for World War Two," Clinton said. "If we do it right, it will produce job gains and income gains substantially greater than the 1990s."

Clinton said initiatives to combat global warming, such as the retrofit of old buildings and switching to more fuel-efficient cars, would create jobs and boost wages.

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