Saturday, December 05, 2009

Growing the clean energy economy

We have a huge opportunity to rebuild American prosperity through the clean energy economy. Below is an excerpt from my recent op-ed:

New investment and standards are accelerating this opportunity. The federal stimulus package is investing $110 billion in clean energy and green jobs. New fuel efficiency standards, state renewable energy measures, and municipal green building standards are all creating vital performance targets to stimulate progress. Private investment is also playing an important role. After a fall off at the beginning of the year due to the economic downturn, Deloitte & Touche and the Clean Tech Group have reported that venture capital into clean-tech is again among the fastest growing investment areas, as it was in 2008. Investors see the benefits and are creating jobs. The US Conference of Mayors study in October 2008 states that clean energy jobs alone will likely be the fastest growing job sector of the economy, and could provide 10% of the new job growth over the next 30 years, producing over 4.2 million jobs. This job growth is likely especially true of the Bay Area, already identified as the #1 metro region for clean-tech jobs by the Clean Tech Group.
Read the whole piece in the San Mateo Daily Journal.

Rafael @www.climateatbay.net

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