Posts Tagged ‘alternative energy jobs’

Alternative Energy Stores Pay More

Thursday, May 14th, 2009

Alternative Energy Stores

A White House report stated that alternative energy stores pay 10 to 20 percent more than the average wage in other industries. Alternative energy jobs are also more likely to be unionized. Labor unions see green energy jobs as replacements to jobs lost to overseas manufacturing and outsourcing, leading to a domestic market of alternative energy stores to supply the parts and goods necessary to fuel this industry. To keep alternative energy manufacturing jobs here in the United States, President Obama has already begun to develop that policy in the form of $500 million on alternative energy job training and $150 billion over the next decade on tax incentives to keep those jobs here in our borders. Because most of the industry revolves around revamping US infrastructure, alternative energy jobs are becoming immune to outsourcing and will in turn help develop these alternative energy stores, ensuring that Americans can once again enjoy the prosperity and stability of a booming economy.

For example, there are 8,000-plus components that go into a wind turbine, and there is a supply chain of approximately 16,000 manufacturing firms in the U.S. that would be involved in the manufacture, distribution, and sale of these components. Areas of the US that are hard-hit by the economic recession could become new boom areas of alternative energy stores. For example, a study by the Land Policy Institute at Michigan State University estimates that state incentives would create more than 4,000 jobs in construction and maintenance of alternative energy system by 2029 in Michigan, a state that has been particularly hard-hit by economic recession.

Alternative Energy Resources Providing Valuable Jobs

Wednesday, May 13th, 2009

Alternative energy resources are providing promising chances for employment as they enjoy substantial growth as enormous utility-scale projects get built. More than 3,000 megawatts of giant solar facilities are being developed in the American southwest. These kinds of large-scale alternative energy projects generate thousands of construction jobs, a sector of the economy where far too many Americans lost their livelihoods.

Employment opportunities developing alternative energy resources of a different type will develop as well. In February the National Clean Energy Project conference convened to discuss a modernized electric grid for the US. This new network of power lines will be an effective transport system to distribute the energy generated from alternative energy resources. The sheer magnitude of the project will require an enormous amount of engineers and high-skill workers.

Engineers and skilled workers will also be innovating geothermal energy, which is shaping up to be one of the more promising alternative energy resources. A recent analysis concluded that geothermal energy is cheaper than coal, and with further innovation in the technology it could prove to be both highly lucrative and a powerful industry that employs people in the manufacturing, construction, management, and technology sectors. In less than a decade, the global industry of alternative energy resources is projected to explode from a $150-billion-a-year industry to a $600-billion-a-year industry.

Alternative Energy Companies Create Millions of Jobs

Saturday, May 9th, 2009

Alternative Energy Companies Still Showing Promise

Amidst some of the bleakest financial doldrums our nation has faced in decades, as many Americans have to face the indignity of a pink slip, one industry still shows promise. That industry is alternative energy, and it is the wave of the future both economically and technologically. To ensure the industry meets that promise, it will need substantial manpower to develop the viability of these alternative energy companies. That means jobs, and lots of them. The current administration has made the development of jobs for these alternative energy companies its top priority.

President Obama announced more than $20 billion for investment in a more sustainable and greener economy. A White House report concluded that substantial investment in alternative energy companies would help to create tens of thousands of high-quality green jobs in the near future. Estimates for further down the line are even more promising. One analysis posited that an economy that shifts to generating 40 percent of its electricity from wind, solar, biomass, and other sources of alternative energy would create 4.2 million green jobs by 2038. Yet another analysis found that a $500 billion investment in alternative energy companies over the next 10 years would create 5 million green-collar jobs.

The involvement of the administration in developing the green job market is clearly working. Wind and solar energy underwent substantial expansion last year. According to the American Wind Energy Association, 2008 saw the wind energy industry surpassing all expectations with a 50% increase in generating power and $17 billion injected in to the economy. Investment in alternative energy companies is a sensible and sustainable way to inject much-needed capital in to our faltering economy.