09 Apr '12, 2pm

Expired Treasury Renewable Energy Subsidy Created as Many as 75,000 Green Jobs, $44 Billion in Economic Output:

Expired Treasury Renewable Energy Subsidy Created as Many as 75,000 Green Jobs, $44 Billion in Economic Output:

Construction- and installation-related expenditures are estimated to have supported an average of 52,000–75,000 direct and indirect jobs per year over the program’s operational period (2009–2011). This represents a total of 150,000–220,000 job-years. These expenditures are also estimated to have supported $9 billion–$14 billion in total earnings and $26 billion–$44 billion in economic output over this period. This represents an average of $3.2 billion–$4.9 billion per year in total earnings and $9 billion–$15 billion per year in output. Indirect jobs, or jobs in the manufacturing and associated supply-chain sectors,account for a significantly larger share of the estimated jobs (43,000–66,000 jobs per year) than those directly supporting the design, development, and construction/installation of systems (9,400 per year).The annual operation and maintenance (O&M) of these PV ...

Full article: http://cleantechnica.com/2012/04/09/expired-treasury-rene...

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