$100B Investment Could Yield 2M ‘Green’ Jobs in U.S. - Report

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A $100 billion investment over two years by the U.S. government could create 2 million “green” jobs, according to a report released by environmental and labor groups yesterday.

“Green Recovery–A Program to Create Good Jobs and Start Building a Low-Carbon Economy” analyzes the potential for a two-year $100 billion green investment program.

The report, commissioned by the Center for American Progress think tank and prepared by the Political Economy Research Institute at the University of Massachusetts-Amherst, finds that investing in clean energy would create four times as many jobs as spending the same amount of money within the oil industry, and 20% more jobs than increasing spending on household consumption–the main target of the April 2008 stimulus package. Read more

Source: SustainableBusiness



This entry was posted on Thursday, September 11th, 2008 and is filed under Corporate Responsibility News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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