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Green Collar Jobs: A Ray of Sunlight in the Marketplace

Thomas Schueneman | Friday November 9th, 2007 | 0 Comments

Solar Power for the PeopleThe American Solar Energy Society reports that by 2030 one in four workers will be wearing green collars at work. The report estimates the creation of up to 40 million green collar jobs in the renewable energy and energy efficiency industries. 

 

Giving that report a gentle push was the announcement last week that GE Power Generation in New York state plans to expand its renewable energy division, investing $39 million and creating 500 new jobs.

 

Another unit of General Electric, GE Energy Financial Services, has plans to build a 120–megawatt wind farm in Texas, with completion of the project in April of next year.

 

And for a little icing on the cake, First Solar, whose initial public offering sold for $20 a share a year ago, soared up to the almost Google-like heights yesterday past $200 as share, finishing at $224.43 based on solid earnings reports (okay, maybe not Google-like – if only I’d gotten in on Google when it was “only” $200 a share).  

 

And First Solar isn’t alone, the market appears to be getting hot for a number of solar ventures.

 

But despite the enthusiasm, a press conference by House GOP members today had a noticeable lack of any mention of solar or renewable energy, pressing Democrats for an energy bill with “energy in it”; apparently under the impression that energy only comes from carbon and essentially blaming Democrats for the surge in crude oil prices. ANWR will forever remain in their sights.

 

Fortunately, it seems the private sector isn’t waiting for leadership in Washington.

 

Let the sun shine in.

 

 

Sources and Further Reading:
GreenBiz
Salon
Green Wombat

 

 

 

 

 


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