Renewables: Strong International Competition in Race for Green Jobs

Publication: Financial Times

Author: Fiona Harvey


03/29/2010 - Clean energy and “green” jobs were a mantra for politicians across the developed world before the financial crisis struck, and the effects of the recession served only to intensify the rhetoric.

Meeting targets on greenhouse gas emissions and improving energy security will require hundreds of billions of dollars of investment in renewable technologies, and this opens up the attractive prospect of an explosive growth in jobs in these new industries at a time when more traditional jobs are disappearing.

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The Pew Charitable Trusts of the US, which led the study along with Bloomberg New Energy Finance, a consultancy, said global investments in clean energy had risen threefold since 2005, with the G20 countries accounting for the vast majority.

Read the entire article Renewables: Strong International Competition in Race for Green Jobs on the Financial Times' Web site.

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