Tuesday, March 1, 2011

Clean energy could be a windfall for jobs

"RESEARCH has found that a $45 a tonne carbon price could create almost 8000 more permanent jobs in the electricity sector by 2030 than there are now and 26,000 more temporary manufacturing and construction jobs, as tens of billions of dollars are invested in clean energy projects."
Some good news today showing how a carbon price should lead to the creation of lots of new jobs as investment in renewable energy cranks into gear. Because it makes polluting forms of electricity generation pay (at least some of) the cost of that pollution, a carbon prices makes renewable energy a more attractive investment. Business investment creates jobs, and according to this study more jobs will be created "greening" the electricity industry than would be lost from not building so many coal fired power plants. Good for the economy AND the environment.

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