Pages

Clean Energy Economy

Clean Energy Economy From
wecansolveit.org

Thousands of new companies, millions of new jobs, and billions in revenue generated by solutions to the climate crisis -- this is the clean energy economy we can adopt with today's technologies, resources, know-how, and leadership from our elected officials. Although our reliance on fossil fuels has created global warming, we now have the opportunity and obligation to begin a transformation towards a robust clean energy economy -- one that is supported by highly efficient industries, fueled by clean, renewable resources (like wind, solar and geothermal energy), and based on modern infrastructure and smart transportation planning.

A clean energy economy is a win for American jobs. A recent report showed that investment in a clean and efficient economy would "lead to over 3 million new green-collar jobs, stimulate $1.4 trillion in new GDP, add billions in personal income and retail sales, produce $284 billion in net energy savings, all while generating sufficient returns to the U.S. treasury to pay for itself over ten years."

Studies by leading research institutions have shown that if we invest in clean energy over fossil fuels, we will create more American jobs. A report released by the United Steelworkers and the Sierra Club, for example, found that thanks to the growth of wind energy, approximately 5,200 manufacturing jobs could be created in Iowa alone over the next decade. Additional studies have found that thousands more jobs could be created in other states that have suffered industry job losses and that welcome the opportunity to train workers for the new energy economy.

Even without strong U.S. leadership, clean energy is catching on around the world. Global investment in renewable energy climbed 25% in 2006 (from $80 billion to $100 billion). Three clean-energy industries—biofuels, wind, and solar photovoltaics—each surpassed $20 billion in revenue in 2007. Just last year, clean energy received $2.7 billion in US venture capital investment.

But, in order to fully transition to a clean energy economy, we need our elected officials to take action. Absent policies from government, the private sector may continue to invest in old-fashioned, polluting technologies. More than 80 coal plants without technology to capture carbon pollution are now being considered. If these projects go ahead, this will be billions of dollars invested in technology that is outdated and not "clean coal." We need effective policies that unleash American ingenuity and innovation to propel growing clean energy industries forward.

America is up for the challenge. In the past two decades, the United States took the lead in the high-tech revolution, exporting trillions of dollars worth of products around the world and employing millions of American workers. We can do it again, this time with clean energy technologies, from solar panels to hybrid vehicles.

Each of us can play a role in bringing about this much-needed transition. Tell your business and elected leaders that the next generation deserves to grow up in a world powered by clean energy. Tell your mayor that you want city planning that encourages more efficient new buildings and sidewalks and bike paths that make it easy to walk or ride a bike. Tell your state and national officials to invest in energy grids that can deliver renewable energy to everyone. Tell your utility company that instead of old-style coal power you want to buy solar, wind, or geothermal energy. And tell your elected officials that you want national policies that encourage investors to make long-term commitments to clean energy.

This is the opportunity of our generation— to lead the transformation to an economy that is robust without causing environmental harm. Please get involved today.