Thursday, September 19, 2013

Renewable Energy Brings More Jobs

Renewable Energy Brings More Jobs
Opponents Of The Kyoto Model For Climate Change Argue That Jobs Are At Stake. What's The Truth?

Lobbying groups such as The International Council for Capital Formation (ICCF) aver that job losses of at least 200,000 in each of Italy, Germany, UK are in order.

This type of scaremongering is believed by some people. In any switchover of technologies, people need retraining - job losses here mean gains there.

So what's the bigger picture? In 2002, the European Commission looked at the potential for new jobs in renewable energy in each European country (the MITRE study).

They estimated what would happen if each country achieved its current renewables target (10% for the UK by 2010, 22% for Europe as a whole). This was compared with what would happen if each country worked to exceed the 2010 targets (about 14% in the UK by 2010) and extended this enhanced commitment until 2020.

The net number of full-time equivalent jobs that would be created in the UK is shown below. These figures take into account any reduction in jobs in traditional energy industries.

FTE JOBS IN RENEWABLE ENERGY



2010



2020



CURRENT POLICY


49,000

113,000

ADVANCED POLICY


105,000

230,000

The number of extra UK jobs created in each sector of the economy with an advanced energy policy (number of jobs in 2020 vs 2000):

Small hydro: 2,000

Wind: 35,400

PV solar: 1,500

Biomass/biofuels: 124,200

Waste/biogas: 17,500

Solar thermal: 2,400

Agricultural fuels: 40,400

TOTAL: 223,600

The figures above do not include any work done towards exporting these technologies, but there is of course also an enormous EXPORT MARKET available to European countries that pioneer renewable technology.

The ICCF advocates the reductions of tax, regulatory, anti-trust, and trade barriers to promote business investment, strong job growth and competitiveness.

The Board of Trustees of ICCF includes bankers, financiers, and Sir Richard Greenbury, a former Chairman and CEO of Marks Oil; Environment; ClimateChange; Nuclear;

Reference: about-alternative-energy.blogspot.com

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