Monday, June 22, 2009

Now is the not the time to retreat from green tech

http://www.mercurynews.com/ci_12573115?source=rss

(report regarding investment and jobs in America's Clean Tech Sector)

1. The Pew Charitable Trusts delivered an evenhanded report last week that examines in detail the impact on jobs this industry has had in just a short time.

2. The report finds that from 1998 to 2007, the cleantech industry accounted for 770,000 new jobs. While that may sound tiny in a U.S. economy with 140 million jobs, it
already is more than the biotechnology sector (200,000) and gaining on employment in the traditional energy sector (1.27 million).

3. Green-tech jobs grew by 9.1 percent, compared with only 3.7 percent for overall job growth.

4. (From the Report) "Policymakers, business leaders and the public need credible, reliable data to ground their policy deliberations and choices, and to understand where emerging economic opportunities lie. They also need a clear, concrete and common definition of what constitutes the clean-energy economy so they can track jobs and businesses and gauge the effectiveness of public policy choices and investments."

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