Jul 4, 09
British Gas To Create 2,600 Green Jobs
By Terry Macalister Recruits will be needed to help introduce 'smart meters' to help people see exactly how much energy they are using in their homes. British Gas today promised to create 2,600 green jobs over the next three years by rolling out "smart meters" and installing wind turbines on peoples' homes. The move should help ministers meet targets of cutting carbon emissions through lower use of power, especially that generated by gas or other fossil fuels. About 1,700 of the...
250,000 Jobs And £70bn Revenue - The Forecast For A Thriving UK Renewables Sector
By Alok Jha Study from the Carbon Trust warns that potential of renewables sector will only be realised if government invests in research and removes regulatory barriers. The UK could benefit from 250,000 jobs and up to £70bn in revenue from offshore wind and wave technologies by 2050, according to a study by the Carbon Trust. This potential will only be realised, however, if the government gives clear signals to industry, so that investors know where to put their money, rather than...
Green Jobs Sector “Poised for Explosive Growth,” Study Says
The green jobs sector, buoyed by private investment and an infusion of federal stimulus dollars, is among the fastest-growing sectors in the U.S. economy and is poised for increased growth, according to a study published by the Pew Charitable Trusts. The clean-energy economy generated 777,000 new jobs from 1998 to 2007 — a 9.1 percent increase. Overall jobs grew only 3.7 percent during that time, according to the study. Several trends have contributed to this growth, including a surge in...
Clean-Energy Stimulus
by Alan Durning A whole lot of money . . . or not? “It’s about to be raining money.” That’s how Terry Oliver of the Bonneville Power Administration described the federal economic stimulus’ clean-energy provisions. He was speaking earlier this month to nearly 1,000 people from the growing clean-energy business in a packed Seattle conference hall. (You can actually watch him say this—praise be to the YouTube impulse—along with everything else that any plenary speaker said on this...
The Clean Energy Bank: Financing the transition to a low-carbon economy
Last week House Energy and Commerce members approved by 51-6 an amendment to the Waxman-Markey bill offered by Rep. John Dingell (D-MI) to create a clean energy bank . As Greenwire explained, the amendment would “create an autonomous Clean Energy Deployment Administration (CEDA) within the Energy Department” that would “provide a suite of financing options, including direct loans, letters of credit, loan guarantees, insurance products and others” for “energy production,...
Obama Praises Climate Deal, Sierra Club Vows To “Strengthen This Bill,” House GOP Vows To Kill It
President Obama praised House Democrats today for "extraordinary progress" in their negotiations on global warming and energy legislation at the center of his domestic agenda. So reports Greenwire (subs. req'd) today: "I want to take a moment, before I start talking about health care, just to congratulate Chairman [Henry] Waxman and the Energy and Commerce Committee Democrats, who've made such extraordinary progress in reaching a deal on comprehensive energy reform and climate legislation,"...
I Predict U.S. Carbon Dioxide Emissions Peaked In 2007!
I am predicting that U.S. energy-related carbon dioxide emissions will never exceed 2007 levels. We have peaked. The United States appears to be in the process of breaking its long-standing link between economic growth and global warming pollution. I am, of course, assuming in my prediction that the United States will enact into law serious energy and climate legislation, along the lines of Waxman-Markey, sometime soon. What would have been almost impossible to imagine even a year ago is...
Cool Companies, Part 1: How the best businesses boost profits and productivity by reducing greenhouse gas emissions
[Please send me any case studies of companies, buildings, and factories in the last 10 years that have cost-effectively reduced and carbon emissions. I am, as always, looking for well-documented cases where a systems approach to energy and carbon achieved deep savings and productivity gains.] Ten years ago next month I published the first collection of detailed case studies, some 100 in all, of how businesses were cutting energy use and boosting productivity while reducing pollution: ...
Greener Companies “More Crunch-Proof”
By Claire Baylis New report tracks value of sustainability commitment during recession Businesses with a ‘true commitment’ to sustainability are weathering the downturn better than their rivals, according to a new report. Green Winners: The Performance of Sustainability-Focused Companies in the Financial Crisis looked at 99 companies on the Dow Jones Sustainability Index and/or the Goldman Sachs Sustain focus lists. And it found they were outperforming their industry peers – by an...
Is Managed-Price Cap And Trade Different From A Carbon Tax?
Evaluating a hybrid approach to carbon pricing. When I examined the managed-price approach to cap and trade I asked: “if managed-price cap and trade is basically just a carbon tax, why go to all the trouble of developing the apparatus of a cap-and-trade system? Why not just have a plain old vanilla carbon tax instead?” Recent testimony from Douglas Elmendorf, director of the Congressional Budget Office (CBO), considers the possible ways that managed-price differs from a carbon tax....
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