Earth Policy Institute: Creating New Jobs, Cutting Carbon Emissions, and Reducing Oil Imports by Investing in Renewable Energy and Energy Efficiency
By Lester R. Brown
At a time when major U.S. companies are announcing job layoffs almost daily, the renewable energy industry is hiring new workers every day to build wind farms, install rooftop solar arrays, and build solar thermal and geothermal power plants. The output of industrial firms that manufacture the equipment for these energy facilities is expanding by well over 30 percent a year. These investments both create jobs and help prevent climate change from spiraling out of control.
Among the several sources of renewable energy, wind looms large. The United States has 24,000 megawatts of wind generating capacity already online (think 24 coal-fired power plants), and 83 wind farms with some 8,000 megawatts of capacity are under construction. Beyond this, a staggering 225,000 megawatts of planned wind farms are waiting for access to transmission lines.
Currently, the United States has 40 plants manufacturing wind power components. Eight of these plants are assembling wind turbines, 20 are fabricating wind towers, and 12 are making blades. In addition, many more manufacturing facilities are under construction, recently announced, and in planning. Every billion dollars invested in wind farms creates some 3,350 jobs—nearly four times the 870 jobs created with a similar investment in coal-fired power plants. (See data.)
