Earlier this month, the Environmental Protection Agency (EPA) released their proposed Clean Power Plan. As readers of this blog are already aware, the Clean Power Plan proposes carbon emission standards for coal-fired power plants, which are the single largest source of carbon pollution in the U.S., generating approximately one-third of all domestic greenhouse gas emissions. Some specifics are that under the Clean Power Plan, states must expand their energy sources and use solar (photovoltaic and solar thermal), wind, geothermal, sustainably sourced biomass, biogas, and low-impact hydrology in order to decrease their carbon emissions.
Did you know that renewable energy technologies are characteristically more labor-intensive than intensely mechanized fossil fuel technologies? This means that the potential economic benefits may be substantial; not to mention the significant benefits for our climate and health.
The solar industry employed over 100,000 workers in jobs ranging from solar manufacturing and sales to installation according to the Solar Foundation in 2011. Solar jobs grew by 20% percent in 2013 and 2014 is expected to create 22,000 jobs. Furthermore, these statistics were reported before the EPA plan was released, which may further boost the renewable job sector.
Let’s look at wind energy. The amount of domestically manufactured equipment used in wind turbines doubled from 35% in 2006 to 70% in 2011 with 560 factories directly employing 75,000 full-time employees.
The hydroelectric power industry also plays a role. Statistics show in 2009 it employed 250,000 people. As many as 700,000 jobs could be generated if the hydropower industry installs a new capacity of 23,000 – 60,000 megawatts (MW) by 2025. Rounding out our look at the renewable energy sector, the geothermal industry directly employed 5,200 people in 2010.
The Union of Concerned Scientists (UCS) estimated in 2009 that a national, renewable electricity standard attempting to cut 25% of carbon emissions by 2025 would generate 297,000 jobs, $263.4 billion in new capital investment, $13.5 billion in income to farmers, ranchers, and rural landowners, and $11.5 billion in new local tax revenues. Remember, the EPA proposed reducing carbon emissions from existing power plants by 30% below 2005 levels by 2030. So the potential economic benefits may increase over the UCS’s estimates.
With these figures, we’re not even taking into account a complete picture of the potential economic benefits from expanded renewable energy sources. Think about how direct job creation leads to indirect job creation. For example, when you hire additional employees, you may very well need a larger Human Resources staff.
All of this comes at a time when our country could deeply benefit from economic stimulation. The U.S. economy is still anemic, with unemployment rates remaining high, and a disturbing national debt that’s expected to reach $20 trillion by 2020. We must embrace win-win scenarios such as these that combine healing our ailing planet with economic recovery. It’s past time to forge the path to a low-carbon future.
Forever Cheese is already renowned for their commitment to sourcing the finest cheeses and specialty foods from Italy, Spain, Portugal, and Croatia and it has now been seven years since they have begun a commitment with Carbonfund to actively help the planet and further renewable energy.
“We are focused on wind and solar energy not just as a way for the future, but for now.” states Michele Buster, President and Co-Founder of Forever Cheese. “We hope to be a role model for other companies, catalyzing them to support the development of renewable energy resources.”
Since 1998, Michele and her business partner, Pierluigi Sini have been finding unique artisan cheeses and specialty foods to introduce into the US. They hand-select each item directly from the producers.
Some of their more famous products include Genuine Fulvi® Pecorino Romano, Rustico®, Drunken Goat®, Naked Goat®, Mitica® Marcona Almonds & Fig Almond Cake. Look for the brands Fulvi®, Sini® or Mitica® to find Forever Cheese products.
Carbonfund.org is very proud to have this great partnership with Forever Cheese to provide significant benefit to renewable energy projects around the United States along with additional support toward national reforestation projects.
"We greatly appreciate our partnership with Forever Cheese," said, Executive Director, Eric Carlson, "they are true industry leaders in their commitment to supporting renewable energy."
For more information, please visit www.forevercheese.com.
Those of us living in the United States can easily get wrapped up in the domestic energy picture, but it is important to stop and take a look at how renewables are doing in other countries too.
If you peruse a list of countries by 2008 emissions, the top emitter of carbon dioxide is currently China, followed closely by the U.S. China accounts for 23.5% of world emissions, and the U.S. is responsible for 18.27%. However, the good news is that China’s renewable-energy industry is currently on the upswing due to supportive government policies and generous subsidies; so much so that they’ve achieved the height of the world’s wind and solar industries. We’ve all heard the phrase, “Everything is made in China.” The U.S. does import many goods from China, but a report released this week titled, “Advantage America” analyzed trade between the two countries in solar, wind and smart-grid technology and services in 2011.
The analysis, by Bloomberg New Energy Finance and Pew Charitable Trusts, showed $6.5 billion in renewable energy technology and services traded between the U.S. and China. But the U.S. sold $1.63 billion more to China than it imported.
It’s good to see both countries making such strides in renewable energy. Oftentimes, the countries are perceived as being in competition with one another, but a more accurate picture would be that they are interdependent. The bottom line is that both countries should be doing as much as possible to focus on renewables, especially considering they’re the top two carbon dioxide emitters on the planet. And the global interest and investments in renewables doesn’t stop there.
Saudi Arabia, a country with the world's second largest oil reserves, is beginning a green revolution. This week, Saudi King Abdullah revealed ambitious plans to develop renewable energy programs that will produce 54,000 megawatts of electricity by 2032 as part of a strategy to save 1.2 million barrels of their oil per day for export.
King Abdullah City for Atomic and Renewable Energy (KA-Care) is a strategy paper set up by King Abdullah in 2010 to develop alternative energy sources so the country won't have to burn millions of barrels of oil a year on power generation. KA-Care outlines the preliminary phases of the kingdom's agenda for its energy future and focuses on thermal solar, photo-voltaic solar, wind, geothermal and waste-to-energy. Much of the desert landscape in the Persian Gulf is well suited to solar energy production; a fact that has not escaped the Saudi’s neighbor, the United Arab Emirates (UAE).
The UAE, with 8% of the world's proven oil reserves, has also embarked on a major renewables program, which focuses on nuclear and solar energy production. By taking a look at the global energy picture, we see that even those countries with vast fossil fuel resources recognize the finite limitations of their reserves and the importance of investing in sustainable energy projects, which is great news in the fight against climate change. Every country on the planet contributes to global warming, and every country will have to do their part in order to pave the way to a sustainable energy future.