The World's #1 Renewable Energy Network for News, Information, and Companies.

Small Businesses Urge US Senate To Let Clean Energy Create Jobs

Today four small business associations came together to release a report that shows an enormous number of U.S. jobs were lost when the Senate failed to pass clean energy legislation in July.

Small Business Majority, Main Street Alliance, American Businesses for Clean Energy and We Can Lead said in their report “A Costly Climate Of Inaction: 1.9 Million Jobs Lost Due To The U.S. Senate’s Failure To Advance Clean Energy/Climate Legislation” that China and other leading nations have gained more than $11 billion in job-creating clean-energy investments – with the U.S. losing an estimated $208 million every day – since the U.S. Senate abandoned comprehensive clean energy legislation in late July.

Essentially the report looks at private investment in clean energy and jobs that private investment would create.  Since the Senate didn’t pass an RES (renewable electricity standard) or any kind of carbon legislation, it sent a message to investors that the country isn’t ready to get serious about clean energy. 

The business associations point out that in the time that passed between the Senate recess and now, China overtook the U.S. to lead a quarterly index of the most attractive countries for renewable energy projects for the first time, according to Ernst & Young.  Additionally, the U.S. has fallen more than $11 billion behind China and other leading nations in clean energy investments.

Their analysis is based on calculations performed in two reports.  The first, from The Pew Charitable Trust, states, “it can be calculated based on existing investment trends that in the 54 days between July 22, 2010 (when the U.S. Senate abandoned the climate bill) and its return to Washington (September 13, 2010), the United States fell $11,269,800,000 ($208 million a day) behind other G20 nations in clean energy investments. And during that same time the U.S. has fallen $21,215,342,466 behind the rest of the world in clean energy investments.

The second set of calculations used in the report came out of the University of California, Berkley. The UCal Berkley analysis states, “the consequences of depriving the U.S. of tens of billions of dollars in private sector investments in clean energy jobs are huge. An analysis of the American Power Act – the last comprehensive climate legislation before the U.S. Senates – showed that it would have created 1.9 million jobs.  When the Senate failed to act, those jobs were lost.”

Other key findings include the following:

  • Nearly 600,000 of the unrealized jobs were lost where they are now needed most -- the 10 states with unemployment rates over 10 percent: Nevada (17,000 jobs); California (226,000); Rhode Island (8,000); Florida (78,000); South Carolina (36,000); Mississippi (19,000); Oregon (26,000); Indiana (45,000); Ohio (61,000); and Illinois (68,000).
  • Even states with lower unemployment levels lost hundreds of thousands of urgently needed new jobs, including more than 300,000 jobs in the following states: Arkansas (25,000); Maine (12,000); Massachusetts (40,000); Minnesota (38,000); Missouri (29,000); Montana (13,000); New Hampshire (7,000); New Jersey (11,000); Pennsylvania (78,000); and Virginia (50,000).
  • The lost jobs forfeited by the U.S. Senate include major categories of employment that could have put Americans to work immediately with little or no additional training or education – since a large portion of clean energy jobs require widely-held skills that millions of Americans already have.  

     
  • The Senate’s failure to take action will have even wider negative economic consequences on American families, including Americans missing out on an increase to annual household income of up to $1,175 per year, and a boost to America’s gross domestic product (GDP) of up to $111 billion – with these huge economic benefits flowing across all 50 states.

With mid-term congressional elections looming, most experts agree that Senate action on clean energy is unlikely.  On a conference call with representatives of these small business associations, however, the group was quick to point out that this is a bipartisan issue and small business owners of all political ilk support clean energy legislation because it will help them compete on a global scale. 

RELATED ARTICLES

Coal plant

US Clean Power Plan Will Double Coal Plant Closures

Jim Snyder and Tim Loh, Bloomberg

A new government analysis of President Barack Obama’s signature effort to fight climate change affirms what critics suspected: the proposal could further weaken an already battered coal industry.

Angola

Angola's $750 Million Sugar-to-Fuel Project to Start in June

Manuel Soque and Colin McClelland, Bloomberg

A $750 million project to produce ethanol and sugar in Angola will start next month after a year of delays as costs rose 50 percent on a plantation larger than Montreal.

Renewable energy jobs

Global Renewable Energy Employment Surges 18 Percent to 7.7 Million

Andrew Burger, Correspondent Ongoing growth in renewable energy investment and deployment is creating jobs worldwide — and lots of them. This job growth is helping governments address a fundamental economic problem plaguing developed and developing cou...
Beach sand

Italian Company Uses Sun-Heated Sand to Produce Energy

Flavia Rotondi and Alessandra Migliaccio, Bloomberg

Italy’s well-known sun and sand form the basis of many beach holidays. An Italian company has also found another purpose for the combination: energy production.

Jennifer Runyon is chief editor of RenewableEnergyWorld.com and Renewable Energy World magazine, coordinating, writing and/or editing columns, features, news stories and blogs for the publications. She also serves as conference chair of Renewable ...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 3
1505REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

Doing Business in Brazil – in partnership with GWEC, the Global Win...

Brazil is one of the most promising markets for wind energy.  Ranke...

Renewables and Mining Summit and Exhibition

African mining leaders are seriously exploring new energy solutions to s...

JuiceBox Energy Certified Installer Class

JuiceBox Energy is reapidly building out its national certified installe...

COMPANY BLOGS

No Player Too Small

Salespeople often complain about not being able to connect with higher-l...

Hawaii Solar Industry Enters Uncharted Territory

In Hawaii, 12% of the electric utility’s users have rooftop s...

GreenLancer Appears in Energy Gang Podcast

Does the US solar industry need the Federal Tax Credit? If it expires an...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS