Green business, green careers and job training
Solutions that build smart communities with green careers and sustainable businesses!
HOME
EDITOR'S BLOG
FEATURE ARTICLES
GET STARTED

Save on Career Education through Lorman Education

Our readers are offered a discount on Lorman seminars and courses. Check out their business, management and legal offers at this link to qualify for our discounts. They also offer green business training opportunities. Please visit http://www.lorman.com/training/CaliforniaGreenSolutions for a complete listing of courses. Register online or call Lorman at 866-352-9539.
Home > By DEPARTMENTS > Green Business and Human Resources > Employment in Green Companies and Organizations

Green Investment Will Yield Two Million New Jobs in Two Years

The U.S. can create two million jobs by investing in clean energy technologies that will strengthen the economy and fight global warming. The report finds that investing in clean energy would create 4 times as many jobs as spending the same amount of money within the oil industry.

Find green business solutions

Green Jobs Report Outlines Rapid Recovery Economic Program That Moves America Toward A Clean Energy Future

As America confronts the current energy crisis, a new report released in September 2008 by the Natural Resources Defense Council (NRDC) and partner labor and environmental groups shows that "The U.S. can create two million jobs by investing in clean energy technologies that will strengthen the economy and fight global warming. The report finds that investing in clean energy would create 4 times as many jobs as spending the same amount of money within the oil industry.

"This new report shows that investing in clean energy is a win-win solution. Shifting to clean energy will put more people to work, provide consumers relief at the pump, help reduce global warming pollution and revitalize our economy at a time when many Americans are hurting," said Frances Beinecke, President of NRDC.

“Green Recovery – A Program to Create Good Jobs and Start Building a Low-Carbon Economy” analyzes the potential for a two year $100 billion green investment program – which would be comparable to the size of the April 2008 federal stimulus package dedicated to consumer rebates – to be an engine for job creation in the U.S. This type of investment is a component of a broader clean energy strategy to create a low-carbon economy and reduce global warming pollutions.

Funding by Auctions of Carbon Permits through Cap-and-Trade

The program could be paid for with proceeds from auctions of carbon permits under a global warming cap-and-trade program that will drive private investments into clean energy and raise public revenue through carbon permit auctions. A cap-and-trade program will enable America to reduce global warming pollution to the levels science indicates are needed to avoid the worst effects of global warming.

Green Infrastructure InvestmentsL

The package is illustrative of the potential for clean energy – and specifically green infrastructure investments – to create new jobs and strengthen the economy. The specific package would invest in six green infrastructure priorities: retrofitting buildings to improve energy efficiency, expanding mass transit and freight rail, constructing “smart” electrical grid transmission systems, wind power, solar power, and next-generation biofuels.

The report also shows that the vast majority of the two million jobs gained from this initial $100 billion investment in clean energy would be in the same areas of employment that people already work in today, in every region and state of the country; for example:

Constructing wind farms creates jobs for sheet metal workers, machinists and truck drivers, among many others.

Increasing the energy efficiency of buildings through retrofitting requires roofers, insulators and building inspectors.

Expanding mass transit systems employs civil engineers, electricians, and dispatchers.

In addition to creating two million jobs nationwide over two years, a $100 billion initial investment in our clean energy future would:

  • Create nearly four times more jobs than spending the same amount of money within the oil industry and 300,000 more jobs than a similar amount of spending directed toward household consumption.

  • Create roughly triple the number of good jobs — paying at least $16 dollars an hour — as spending the same amount of money within the oil industry.

  • Bolster employment especially in construction and manufacturing. Construction employment has fallen from 8 million to 7.2 million over the past two years due to the housing bubble collapse. The Green Recovery program can, at the least, bring back these lost 800,000 construction jobs.

The report proposes that the $100 billion of initial investments fund:

  • $50 billion for tax credits. This would assist private businesses and homeowners to finance both commercial and residential building retrofits, as well as investments in renewable-energy systems.

  • $46 billion in direct government spending. This would support public building retrofits, the expansion of mass transit, freight rail and smart electrical-grid systems, and new investments in renewable energy.

  • $4 billion for federal loan guarantees. This would underwrite private credit that is extended to finance building retrofits and investments in renewable energy.

The report was written by the Political Economy Research Institute (PERI) at the University of Massachusetts-Amherst, under commission by the Center for American Progress (CAP) and released by NRDC and a coalition of labor and environmental groups. The authors of the report are Robert Pollin, Heidi Garrett-Peltier, James Heintz, and Helen Scharber of PERI.

For the complete report findings go to PDF for Complete Report

For the 34 state fact sheets go to: FACT SHEETS

The Natural Resources Defense Council is a national, nonprofit organization of scientists, lawyers and environmental specialists dedicated to protecting public health and the environment.



Edited by Carolyn Allen, owner/editor of California Green Solutions
Green Solution Providers
Green companies directory
Submit
your green solutions - business, nonprofit, government program.
It's free.
| green jobs | Green Employment | energy programs |

Share in Social Media

Sign Up For News & Information
Subscribe to our free solutions newsletter
BONUS DOWNLOAD (PDF)
"Ten+ Tips for Greening Your Office"

SUBSCRIBE HERE
Read prior issues: California GreenLines

Search For Green Solutions

Custom Search
Green Career Center
Green Job Wizard
Career Certifications Directory

green job training certifications
Green Biz Center
Solutions For Green
Directory of Green Companies

Solutions for Alternative Energy

rose in natural systems
Green Living Center
Solutions for Green: Consumers

Solutions for Remodeling

Backyard Nature Center

INSTANT GREEN POLL

"Knowing is not enough; we must apply. Willing is not enough; we must do." Goethe
RECENT ARTICLES
SITE NAVIGATION
ABOUT US

Related Articles

Green Jobs and AB32 - Solutions for Unemployment?

123 Job Corps Campuses Across the Country

Job Outlook for Sustainability Professionals 2010

Related Green Resources

Marcom Tips
Interactive & Video Tips

Career Resources

We encourage lifelong learning to support sustainable communities and provide these select resources to help you pursue green and sustainable self-development:

Lorman Business Training Directory of On-line Business and Compliance Classes

Green Job Wizard Job and Career Certifications Directory

Job & Career Resources

Governance
Management
Manufacturing
Operations
Facilities
Transportation
Finance
Sales & Marketing
Human Resources

Green Economy

Business Sectors
Natural Resources

Solutions For Green

About Us ~ Privacy Policy
Contact Us ~ Home

Text Link Ads

AD: Place your link here

ABOUT CALIFORNIA GREEN SOLUTIONS

We help you green your career, workplace and community by connecting you to quality green, sustainable and high performance resources. California Green Solutions focuses attention on effective solutions that sustain our natural systems. You can support our editorial work by supporting our advertisers and spreading the word about best practices and green solutions.
California Green Solutions is a publication of Carolyn Allen ~ Copyright ©2006-2030 Carolyn Allen

B2B | Job Certifications | Alternative Energy | Events | Green Directory | LED Lights | Remodeling |
CONSUMERS | Backyard Nature | Senior Health | MultiMedia Marketing | Marketing | Networking Events | Japan |