Economic Find: Clean Energy And Job Creation

Right now, there are close to 24 million people in the U.S. who can’t find full-time jobs. The best way to fight poverty and unemployment? Build a clean-energy economy!

Public and private investment in clean-energy solutions (like renewables and energy efficiency) would expand job opportunities across all job categories and education levels. As the chart here illustrates, clean-energy investments create 2.4 times more college degree jobs than spending on fossil fuels and 3.6 times more jobs for workers with a high school education or less.  Think of all the construction workers, whose industry has been severely hit by the mortgage crisis, who would be back to work!

GreenJobs

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Created by CPE Member Economist Emily Kawano

 

Sources:

Pollin, Robert, Jeannetter Wicks-Lim and Heidi Garrett-Peltier, 2009. “Green Prosperity: How Clean-Energy Policies Can Fight Poverty and Raise Living Standards in the United States.” PERI. http://www.peri.umass.edu/green_prosperity/