Showing posts with label green job growth. Show all posts
Showing posts with label green job growth. Show all posts

Thursday, May 14, 2009

$100 billion in green investment = $160 billion PER YEAR!

The Economic Policy Institute recently showed that a $100 billion in green investment annually would yield $160 billion in additional output for each of the next two years, creating approximately 1.1 million new jobs and resulting in an increase of approximately 100,000 in the number of unionized jobs in the United States.

EPI points out that this would lead to rising median incomes, a reduction in inequality and more access to job-training and mentorship programs.

At a time when outsourcing undermines the middle class, and deregulation has wounded our entire economy, we have a chance to be creating millions of new jobs right here in the U.S.A.

It's time for our leaders to take charge of the economy. Deregulation has helped the wealthy long enough: it's time to reward those who WORK for a living by insuring there are jobs for anybody in the U.S.A. willing to be productive.

Investing in energy independence isn't simply a national defense priority, it makes sense for the environment and our economy - it means jobs right here at home.

In September, 2008, the Blue Green Alliance released a report, in conjunction with the Center for American Progress and authored by the Political Economy Research Institute at the University of Massachusetts-Amherst, which showed that significant investments in six global warming solutions - building retrofits, mass transit and freight rail, wind and solar power, next generation biofuels and a smart grid transmission system - would create two million jobs in two years, four times the jobs created with the same investments in expanding our oil supply. That same report also found that these green investments created three times the number of good jobs - paying $16 or more - than the same investment in oil.