Tumblr Icon RSS Icon

What would a Green Recovery do for your state?

Posted on

"What would a Green Recovery do for your state?"

Share:

google plus icon

My post on the Bush bailout for the financial sector mentioned the “Green Recovery” report recently released by the Center for American Progress and Dr. Robert Pollin from the University of Massachusetts Political Economy Research Institute. Here’s a little more detail:

The report looks at how a $100 billion strategic investment can generate 2 million new, well-paying jobs (at least $16/hour) in the renewable and energy efficiency sectors and beyond. The chart below shows the breakdown of job creation:

Job Creation

The number of jobs created by this investment is four times what the same spending in the oil industry would create, as this chart illustrates:

Stimulus Package Comparison

Using a combination of tax credits, loan guarantees, and direct government spending, the recovery strategy proposes investment into solar and wind energy, efficiency retrofits, mass transit, “smart” electricity grid modications/construction, and advanced biofuels. As a result, the job creation would be seen primarily in the manufacturing and construction sectors, both of which sorely need the boost.

Center for American Progress President and CEO, John Podesta, explains:

The plan increases public spending in the short term when a near-recession economy needs greater impetus to growth; but it remains consistent with fiscally responsible long-term plan to reduce the debt as a share of GDP, after the economy recovers.

The report looks at the local impacts the Green Recovery would have in 37 states (click below):

Alaska | Arizona | Arkansas | California | Colorado | Florida | Illinois | Indiana | Iowa | Kansas | Maine | Maryland | Massachusetts | Michigan | Minnesota | Missouri | Montana | Nebraska | Nevada | New Hampshire | New Jersey | New Mexico | New York | North Carolina | North Dakota | Ohio | Oregon | Pennsylvania | South Carolina | Tennessee | Virginia | Washington | West Virginia | Wisconsin

« »

3 Responses to What would a Green Recovery do for your state?

  1. John Bill says:

    Dear friend,

    Realy it is very useful post , Accept my sincere thanks and appreciation

    John Bill

    ————–
    http://www.dirking.net

    Jobs , companies , real estate , engineers , petroleum company

  2. shop says:

    government spending, the recovery strategy proposes investment into solar and wind energy, efficiency retrofits, mass transit, “smart” electricity grid modications/construction, and advanced biofuels. As a result, the job creation would be seen primarily in the manufacturing and construction sectors, both of which sorely need the boost.

  3. Patty Johns says:

    Thank you for the Climate Progress article. I am employeed by an Aluminum Screen Enclosure company in the state of Florida. The company is 18 years old and strongly feeling the downturn in the construction industry. Our employee number is down more than 60%. We have two Licensed General Contractors, experienced production managers and installation employees with little or no work. If you have networking or contact ideas we would appreciate any support. If we could team with demands for building retrofitting, solar or wind energy, it could be helpful to our national and state economy recovery, our company and our employees.