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440,000 Jobs Could Be Created by Solar Energy

Posted by karmalily on September 16, 2008

A new report released by the Solar Energy Industries Association finds that as many as 440,000 permanent jobs, and 1.2 million jobs altogether, could be created if the solar investment tax credit is extended by Congress.

“By extending the solar investment tax credits, Congress can provide an immediate boost to the floundering U.S. economy by creating hundreds of thousands of jobs and injecting billions of dollars of new investment capital into the economy, while at the same time driving down energy costs for consumers,” said Rhone Resch, president of the Solar Energy Industries Association (SEIA), based in Washington, D.C. “The solar energy industry creates jobs that are the foundation of our economy – jobs for manufacturers, construction workers, engineers, roofers, electricians, and plumbers. These jobs are needed now and Congress is in a position to extend the ITC and ensure that these jobs are created here in the U.S.”

The coal industry loves to put forth the idea that by creating clean energy, thousands of people will lose their jobs. Thus, one of the more striking finds from SEIA is this:

This figure [440,000 jobs created] reveals the strength of the solar job creation engine when compared to the current 79,000 direct employees of the coal mining industry and the 136,000 direct employees in oil and gas extraction.

Using job losses as an excuse to continue to use coal and other dirty energy sources is mostly a tactic used by the coal industry reps to convince people that coal is still the best thing we have to power our houses. If America and other nations were to quickly switch to clean, renewable energy such as solar and wind, the only people to suffer would be the coal czars.

Full Report: Solar Energy Industries Association

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One Response to “440,000 Jobs Could Be Created by Solar Energy”

  1. bobdeskin said

    Thanks for the positive Blog!
    John F. Kennedy once said “When you have seven percent unemployed, you have ninety-three percent working. “ It is that type of optimism that we need to help us to move onto a path of growth and hope ! These days there is so much to keep us down and frightened about the future not just on TV but on the Internet and everywhere.

    So many people are focused on the negative and constantly playing the armchair quarterback in a negative way. The pundits in the media have an endless supply of bad news and speculative forecasts that if listened to and dwelled upon could cause people to wonder “why get out of bed tomorrow what’s the point”?

    Let’s focus on the good news because the glass is really “half full”:

    • Clean technology took over in the amount of venture funding received in 2008.
    • The amount invested in CleanTech by venture companies grew for 6 billion in 07’ to 8 billion in 08’ and while that is predicted to decline slightly in 09’ it is still well above 0’7 figures.
    • The total invested in Clean Technology grew last year from $75.8 billion to over $115 billion.
    • The US took over as the largest producer of Wind Energy in the World.
    • Smart grid investment is set to improve our use of electric power with new investment in new smart grid technology 08’ of over 3 billion.
    • The US stimulus plan has 70 billion in incentives to help grow CleanTechnology , which in turn should help create Wind Jobs, Solar Jobs, Hydro Job, Biofuel Jobs etc.
    • Of that 70 million in stimulus 17 million is devoted to help move solar and wind power from remote locations to the consumers.
    • The news in the stock markets in the US has been strong with a gain of 20%

    Being at the forefront of the leading technology that has the ability to shape the future of the World in many aspects from economically to environmentally, so let’s take the lead on having a positive attitude! So I am inviting anyone that has good news to post it as frequently as possible.

    Bob
    Attitude is everything!

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