News
Green energy creates jobs
ERIC COTTON
TheStarPress.com
Jun 19, 2009
Recently, Shirley Reese asked in her letter, "Green has a cost," what the bottom line is for green jobs and renewable energy. As a partner with ECI Wind and Solar, let me provide some business insights.
The bottom line is energy that comes from the sun, wind, biomass, and geothermal heat is free forever -- after you invest in the capital needed to harness it. It's also inherently domestic, so jobs and revenue stay local.
As for oil and coal: No one is saying these absolutely cannot be used. In fact, our electricity demand grows by 1 percent per month in the U.S. Even with rapid and aggressive deployment of renewable energy sources, we will struggle to keep up with our increase in demand. Coal and other traditional energy resources will still be in our energy portfolio.
To make these sources viable, we need to close the carbon loophole that allows the fossil fuel industry to displace the economic impacts of their pollution onto the taxpayer -- and we do pay dearly, both in public health costs and diminished ecosystem services.
As for jobs, the bottom line is that renewable energy -- and energy efficiency -- creates at least twice as many jobs per megawatt and per dollar as fossil fuels. Much of renewable energy is manufactured and installed: There are just inherently more man-hours involved than in traditional energy sources. While Mike Pence is decrying the costs of renewable energy, renewable energy is creating jobs right here in Muncie via Brevini.
