NewEnergyNews More: New Energy Jobs Lead The Economy

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  • Monday, July 23, 2018

    New Energy Jobs Lead The Economy

    Now Hiring:The Growth Of America's Clean Energy & Sustainability Jobs

    July 2018 (Environmental Defense Fund)

    “…Sustainability jobs represent a large and growing portion of the U.S. workforce across multiple sectors…[Jobs in energy efficiency, renewable energy, waste reduction, natural resources conservation, and environmental education now collectively represent] an estimated 4-4.5 million jobs in the U.S., up from 3.4 million in 2011…[Many renewable and energy efficiency jobs cannot be outsourced, and can pay above average wages…Average wages for energy efficiency jobs are almost $5,000 above the national median, and wages for solar workers are above the national median of $17.04 per hour…[A]ll states have some type of clean energy or sustainability job opportunity…In 2015, renewable energy jobs in the U.S. reached 769,000, the result of a compound annual growth rate (CAGR) of nearly 6% since 2012…[while job creation in fossil fuel extraction and support services had] a -4.25% CAGR…

    …Solar and wind jobs have grown at rates of about 20% annually in recent years and are each creating jobs at a rate 12 times faster than that of the rest of the U.S. economy…There are approximately 2.2 million energy efficiency workers nationwide, the majority of which are in small businesses working on the construction and installation of energy efficient systems…[Energy efficiency] investments create approximately 8 jobs (direct and indirect) per $1M invested compared to about 3 jobs in fossil fuels…Clean vehicles in 2016 employed 48% more workers than in 2015…[and hybrid vehicles] represent more than 70% of these jobs…” click here for more

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