Tuesday, February 9, 2010
25% US Renewable Electricity Standard Will Create 274,000 Jobs
The "Job Impacts of a National Renewable Electricity Standard" study was released by the RES Alliance for Jobs and found that a 25% by 2025 national RES would support an additional 274,000 renewable energy jobs over a no-national policy option. The 25% figure is significantly higher than RES mandate in current legislation and the expected jobs supported in the current House and Senate provisions would be considerably lower.
•North and South Dakota, Iowa, Kansas, Nebraska and Illinois, home to major wind resources
The study emphasizes that while tax credits continue to play a critically important role in preserving the viability of existing facilities, an RES is needed in order to support both near- and long-term investments.