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"37 MILLION JOBS FROM RENEWABLES ENERGY AND ENERGY EFFICENCY IN THE U.S BY 2030"

ASES GREEN COLLAR JOBS REPORT FORCASTS 37

MILLION JOBS FROM RENEWABLES ENERGY AND ENERGY EFFICENCY IN THE U.S BY 2030The renewable energy and energy efficiency (RE&EE) industries represented

more than 9 million jobs and $1,045 billion in U.S. revenue in 2007,

according to a new report offering the most detailed analysis yet of the

green economy. The renewable energy industry grew three times as fast as

the U.S. economy, with the solar thermal, photovoltaic, biodiesel, and

ethanol sectors leading the way, each with 25%+ annual revenue growth.The new ASES Green Collar Jobs report from the nonprofit American Solar

Energy Society (ASES) based in Boulder, and Management Information

Services, Inc (MISI), an internationally recognized economic research firm

based in Washington D.C., provides a sector-by-sector analysis of where the

opportunities are in the rapidly changing renewable energy and energy

efficiency industries.“There’s a new sense of optimism in the green economy,” said Brad Collins,

ASES’ Executive Director. “But while the U.S. could see million of new jobs

in renewable energy and energy efficiency, this will only happen with the

necessary leadership, research, development, and public policy at the

federal and state levels.”Key steps include a national renewable portfolio standard, long-term

extension of the production tax credit, effective net metering policies,

and improved access to electric transmission infrastructure.According to the advanced scenario in the report, which represents the

upper limit of what is technologically and economically feasible, RE&EE

would generate about 37 million jobs and $4,294 billion in annual revenue

by 2030. It’s one of three forecast scenarios highlighted in this report.

Under the base case (business as usual) scenario, which assumes no major

change in policy or initiatives, the green job forecast is for more than 16

million jobs and $1,966 billion in revenue in the U.S. by 2030 – less than

half the jobs and revenue than the advanced scenario. The third scenario

assumes moderate policy improvements at the federal and state level and

forecasts 19.5 million jobs and $2,248 billion in revenue by 2030.Key

conclusions from this report include:• Renewable energy and energy efficiency currently provide more than 9

million jobs and $1,045 billion in revenue in the U.S. (2007). The previous

year (2006) renewable energy and energy efficiency represented 8.5 million

jobs and $972 billion in revenue.• 95% of the jobs are in private industry.• As many as 37 million jobs can be generated by the renewable energy and

energy efficiency industries in the U.S. by 2030 – more than 17% of all

anticipated U.S. employment.• Hottest sectors include solar thermal, solar photovoltaics, biofuels, and

fuel cells (in terms of revenue growth).• Hot job areas include electricians, mechanical engineers, welders, metal

workers, construction managers, accountants, analysts, environmental

scientists, and chemists. The vast majority of jobs created by the

renewable energy and energy efficiency industries are in the same types of

roles seen in other industries (accountants, factory workers, IT

professionals, etc).• Renewable energy and energy efficiency can create millions of well-paying

jobs, many of which are not subject to foreign outsourcing. These jobs are

in two categories that every state is eager to attract – college-educated

professional workers (many with advanced degrees), and highly skilled

technical workers.• The renewable energy industry grew more than three times as fast as the

U.S. economy in 2007 (not including hydropower). Renewable energy is also

growing more rapidly than the energy efficiency industry, but the energy

efficiency industry is currently much larger than the renewable energy

industry.Key conclusions from Colorado case study:• Renewable energy and energy efficiency industries are already significant

economic drivers in Colorado and are well pos