Can Jobs be Created by Setting a National Renewable Electricity Standard?

Can Jobs be Created by Setting a National Renewable Electricity Standard?

The RES Alliance for Jobs, a coalition of America’s renewable energy companies and national renewable energy associations, has released a new study showing that a 25% by 2025 national Renewable Electricity Standard would create hundreds of thousands of new jobs in the United States. The “Jobs Impact of a National Renewable Electricity Standard” study found that a 25% by 2025 national RES would result in 274,000 more renewable energy jobs over no-national RES policy. This additional employment is equivalent to 2.36 million additional job-years by 2025. The study found that new jobs would be supported by renewable energy in every region of the United States. While the biomass, hydropower and waste-to-energy industries would see significant job gains in the Southeast, the states of the Great Plains and Midwest would employ thousands developing their wind resources and the Western United States would see job gains in its solar and hydropower industries. Without stronger near-term targets than currently envisioned, the study found that industries like wind will experience flat job growth and long-term stagnation, while the U.S. biomass industry could collapse altogether. The Alliance recommends that aggressive near and long-term federal RES targets should be pursued in order to attract manufacturing investment in the sector and to ensure global competitiveness of the U.S. renewable energy industry.

The Economic Case for Slashing Carbon Emissions

The Economic Case for Slashing Carbon Emissions

Amid a growing call for reducing atmospheric concentrations of CO2 to 350 parts per million, a group of economists maintains that striving to meet that target is a smart investment — and the best insurance policy humanity could buy.

Over $1 Trillion Invested In Green Since 2007

Over $1 Trillion Invested In Green Since 2007

Last week, Ethical Markets Media and The Climate Prosperity Alliance launched their Global Climate Prosperity Scoreboard, which tracks private investment in companies growing the green economy globally. This new, never before reported number, showing $1,248,740,645,993.00 (over $1.248 trillion) in total investment since 2007, indicates how investors and entrepreneurs are leading governments in promoting sustainable growth. The scoreboard totals investments in solar, wind, geothermal, ocean/hydro, energy efficiency and storage, and agriculture.

U.S. Department of Energy Announces Winners of the 2009 Solar Decathlon

The Solar Decathlon is a competition in which teams of college and university students compete to design, build, and operate the most attractive, effective, and energy-efficient solar powered house. The winners of the 2009 competition – the fourth to be held – were announced on the National Mall in Washington, D.C. by U.S. Department of Energy Deputy Secretary Daniel Poneman. The contest is organized by DOE’s National Renewable Energy Laboratory and supported by event and team sponsors from the private sector.

What Makes Europe Greener than the U.S.?

The average American produces three times the amount of CO2 emissions as a person in France. A U.S. journalist now living in Europe explains how she learned to love her clothesline and sweating in summer.

US Catches Up with International Carbon Market

According to a new report release by New Energy Finance, the volume of carbon credits bought and sold in the Regional Greenhouse Gas Initiative (RGGI) in the United States matched the entire volume of credits traded on the international carbon market in the second quarter of this year. The number of carbon credits sold under the CDM in Europe, in the second quarter of this year, increased by 25% on the first quarter. However the volume of credited traded on the secondary market decreased by 15% during this period. Most of this decline was due to reductions in the volume of future contracts, possibly in reaction to the higher volume of European Emission Allowances now on the markets as a result of the economic downturn. In stark contrasts, the number of carbon credits traded in the Regional Greenhouse Gas Initiative in the Northeast region here in the States, increased by 319% over the first quarter of this year.

Retrofitting Buildings will Create Green Jobs

Retrofitting 50 million buildings in the United States, about 40 percent of the building stock, by 2020 to make them energy efficient would create 625,000 permanent jobs, John Podesta, CEO of the Center for American Progress, told CNBC. “There’s probably a $500 billion investment that’s needed, but the vast majority has to come from the private sector,” Podesta added. “The government has a role to play in orienting policy toward getting the financing right.”

Corporate Sustainability Reporting Has Increased Dramatically

New figures released recently show that the number of companies and other organizations publicly disclosing their performance against a range of key sustainability indicators has risen markedly over the last year. The Global Reporting Initiative is now tracking of over 1000 organizations worldwide who issued sustainability reports based on the GRI G3 Guidelines in 2008 – the highest number ever recorded. The figure represents an increase of 46 per cent on the 2007 figure of 685.

Department of Energy Announces Grants To Establish 46 Energy Frontier Research Centers

The White House announced that the U.S. Department of Energy Office of Science will invest $777 million in Energy Frontier Research Centers (EFRCs) over the next five years. In a national effort to accelerate scientific advances in critical areas of the new energy economy the United States Department of Energy (DOE) will establish 46 new multi-million dollar Energy Frontier Research Centers (or EFRCs) across the nation.