The Big Job Benefits From New Energy

New Report Shows Major Job and Economic Growth from Wind and Solar Tax Credits

April 3, 2017 (Natural Resources Defense Council)

“…[Federal tax credit extensions are leading to new wind and solar projects that will create more than 220,000 jobs and add nearly $23 billion to the U.S. economy in 2017 [according to a new report that] also outlines the significant benefits that tax credits provide to U.S. states…The report analyzed the impact of renewable energy tax credits on employment and gross domestic product (GDP) gains in 16 selected states…Iowa, already fourth in the country in wind jobs, is likely to see additional job creation…and its economy stands to gain more than 3,300 jobs each year in 2017 and 2018…Nevada, home to some of the cheapest solar power in the country, is projected to add more than 1,400 jobs in both 2017 and 2018…Ohio adds more than 10,000 jobs in 2018, and the state’s GDP is expected to get a boost of nearly $1.2 billion that year…Pennsylvania is projected to gain nearly 9,300 jobs each year in 2017 and 2018, and its GDP gets a boost of more than $1 billion per year…[and Virginia will add about 5,000 jobs each] year…” click here for more

click to enlarge

Tweet