Report: Clean energy could revitalize US manufacturing
Nov. 23, 2009
Renewable energy technologies provide three to six times as many jobs as equivalent investments in fossil fuels, claims a new report.
The Blue Green Alliance released a set of policy recommendations aimed at creating hundreds of thousands of manufacturing jobs through development of a clean energy economy in the U.S. The report also claims renewable energy technologies provide three to six times as many jobs as equivalent investments in fossil fuels when manufacturing, installation and, operations and maintenance jobs are taken into account. The analysis builds on a report released earlier this year by the Broadway Green Alliance and the Renewable Energy Policy Project that estimated that more than 850,000 manufacturing jobs could be created across the U.S. and that more than 42,000 existing manufacturers could experience growth based on a demand for parts, with the enactment of a federal renewable electricity standard of 25% by 2025.