Monday, October 26, 2009

Renewable Energy and Energy Efficiency Could Create 4.5 Million Jobs

According to a new report by American Solar Energy Society (ASES) and Management Information Services Inc. (MISI), 4.5 million jobs could be created by 2030 if the US government seriously tackles climate change.

The report is titled Estimating the Jobs Impact of Tackling Climate Change. In this report, the net jobs created if the US commits to reducing CO2 emissions by 1.2 billion by the year 2030 is estimated. These net jobs created after taking into consideration the jobs lost during this period.

Last January, ASES has released a report titled, Tackling Climate Change in the U.S. The society found that the US could keep emission levels constant through 2030 by implementing energy efficiency measures. In addition, deep CO2 emissions cuts could be achieved if renewable energy technologies was applied.

The new report found that renewable energy and energy efficiency deployment would have a neutral or better net cost. This results from the fact that energy efficiency would end up saving the country more money than the costs required to deploy renewable energy technologies.

Source: RenewableEnergyWorld