Green Jobs Sector ‘Poised for Explosive Growth,’ Study Says
Date: 06/10/2009
Company: RockPort Capital
Source: The New York Times
Green-collar workers — who include everyone from energy-efficiency consultants to wastewater plant operators — constitute a tiny but fast-growing segment of the U.S. economy, according to a study published today by the Pew Charitable Trusts.
The “clean-energy economy” grew 9.1 percent between 1998 and 2007 to 777,000 jobs. While that is just half a percent of all U.S. jobs, the clean-energy economy is poised to grow significantly with financial support from the public and private sectors, the Pew (pdf) concludes.
“The nation’s clean-energy economy is poised for explosive growth,” said Lori Grange, the Pew Center on the States’ interim deputy director. “The trends include surging venture capital investment … a critical growth rate in clean-energy generation, energy efficiency and environmentally friendly products.”