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Washington, D.C., United States [RenewableEnergyWorld.com] A new study released by Navigant Consulting finds that a 25% by 2025 national Renewable Electricity Standard (RES) would support hundreds of thousands of new American jobs and prevent a near-term collapse in some industries. Job growth in the wind, solar, biomass, waste-to-energy and hydropower industries would particularly benefit the Southeastern U.S. and manufacturing states whose Congressional delegations have had a history of voting against incentives and other measures designed to support the renewable energy sector.
The "Job Impacts of a National Renewable Electricity Standard" study was released by the RES Alliance for Jobs and found that a 25% by 2025 national RES would support an additional 274,000 renewable energy jobs over a no-national policy option. The 25% figure is significantly higher than RES mandate in current legislation and the expected jobs supported in the current House and Senate provisions would be considerably lower.
In addition, the study found that without stronger near-term targets than currently envisioned, industries like wind will experience flat job growth and long-term stagnation, while the U.S. biomass industry could collapse altogether. The RES Alliance recommends raising near-term RES targets in federal legislation to 12% in 2014 and 20% in 2020.
"A strong Renewable Electricity Standard is crucial to create a stable investment environment and grow this highly promising sector. Without a strong RES, the U.S. wind industry will see no net job growth, and will likely lose jobs to overseas competitors. A target like 25 percent by 2025 would allow American wind companies to support double the amount of jobs than without a policy -- about 125,000 additional jobs. That's a gain our country cannot afford to pass up," said Don Furman, senior vice president for development, transmission and policy at Iberdrola Renewables.
States that stand to gain the most from a strong RES, according to the RES Alliance / Navigant Consulting study, include:
The study emphasizes that while tax credits continue to play a critically important role in preserving the viability of existing facilities, an RES is needed in order to support both near- and long-term investments.
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Anonymous
February 9, 2010
1.6 billion of the 2 billion stimulus package that went into green jobs have gone overseas. I'm one of the Americans who was hoping that stimulus would create a green job I can take. Unfortunately, all it has done is completely crowd a small domestic market, misleading Americans into thinking that this is the sector where all the jobs are and has forced a lot more competition into a field that needs to expand fast.
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Anonymous
February 10, 2010
We can create 2,000,000 jobs by hiring 1,000,000 people to dig holes and then another 1,000,000 to fill the holes back up. Unemployment problem solved!
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7 of 11 |
February 10, 2010
What the Politicians left out about a Global Economy was transition to a Global Standard of Living. It is a world market including employment.
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