Monday, January 26, 2009

Report forecasts 37 million jobs from renewable energy and energy efficiency in U.S. by 2030

The renewable energy and energy efficiency (RE&EE) industries represented more than 9 million jobs and $1,045 billion in U.S. revenue in 2007, according to a new report offering the most detailed analysis yet of the green economy. The renewable energy industry grew three times as fast as the U.S. economy, with the solar thermal, photovoltaic, biodiesel, and ethanol sectors leading the way, each with 25%+ annual revenue growth.

The new ASES Green Collar Jobs report from the nonprofit American Solar Energy Society (ASES) based in Boulder, and Management Information Services, Inc (MISI), an internationally recognized economic research firm based in Washington D.C., provides a sector-by-sector analysis of where the opportunities are in the rapidly changing renewable energy and energy efficiency industries.

"There's a new sense of optimism in the green economy," said Brad Collins, ASES' Executive Director. "But while the U.S. could see million of new jobs in renewable energy and energy efficiency, this will only happen with the necessary leadership, research, development, and public policy at the federal and state levels."

Key steps include a national renewable portfolio standard, long-term extension of the production tax credit, effective net metering policies, and improved access to electric transmission infrastructure.

According to the advanced scenario in the report, which represents the upper limit of what is technologically and economically feasible, RE&EE would generate about 37 million jobs and $4,294 billion in annual revenue by 2030. It's one of three forecast scenarios highlighted in this report. Under the base case (business as usual) scenario, which assumes no major change in policy or initiatives, the green job forecast is for more than 16 million jobs and $1,966 billion in revenue in the U.S. by 2030 – less than half the jobs and revenue than the advanced scenario. The third scenario assumes moderate policy improvements at the federal and state level and forecasts 19.5 million jobs and $2,248 billion in revenue by 2030.

Key conclusions from this report include:

• Renewable energy and energy efficiency currently provide more than 9 million jobs and $1,045 billion in revenue in the U.S. (2007). The previous year (2006) renewable energy and energy efficiency represented 8.5 million jobs and $972 billion in revenue.

• 95% of the jobs are in private industry.

• As many as 37 million jobs can be generated by the renewable energy and energy efficiency industries in the U.S. by 2030 – more than 17% of all anticipated U.S. employment.

• Hottest sectors include solar thermal, solar photovoltaics, biofuels, and fuel cells (in terms of revenue growth).

• Hot job areas include electricians, mechanical engineers, welders, metal workers, construction managers, accountants, analysts, environmental scientists, and chemists. The vast majority of jobs created by the renewable energy and energy efficiency industries are in the same types of roles seen in other industries (accountants, factory workers, IT professionals, etc).

• Renewable energy and energy efficiency can create millions of well-paying jobs, many of which are not subject to foreign outsourcing. These jobs are in two categories that every state is eager to attract – college-educated professional workers (many with advanced degrees), and highly skilled technical workers.

• The renewable energy industry grew more than three times as fast as the U.S. economy in 2007 (not including hydropower). Renewable energy is also growing more rapidly than the energy efficiency industry, but the energy efficiency industry is currently much larger than the renewable energy industry.

Full report: http://www.ases.org/images/stories/ASES/pdfs/CO_Jobs_Final_Report_December2008.pdf

1 comment:

BeyondGreen said...

We need to utilize everything in out power to reduce our dependence on foreign oil including using our own natural resources.OPEC will continue to cut production until they achieve their desired 80-100. per barrel. The high cost of fuel this past year seriously damaged our economy and society. Oil is finite. We are using oil globally at the rate of 2X faster than new oil is being discovered. We need to take some of these billions in bail out bucks and bail ourselves out of our dependence on foreign oil. Jeff Wilson has a really good new book out called The Manhattan Project of 2009 Energy Independence Now. He explores our uses of oil besides gasoline, our depletion, out reserves and stores as well as viable options to replace oil.Oil is finite, it will run out in the not too distant future. WE need to take some of these billions in bail out bucks and bail America out of it's dependence on foreign oil. The historic high price of gas this past year did serious damage to our economy and society. WE should never allow others to have that much power over our economy again. I wish every member of congress would read this book too.
www.themanhattanprojectof2009.com