nuclear-news

AdelaideNow… Go green for jobs bonanza

Go green for jobs bonanza

Adelaide now MARK KENNY

October 28, 2008 11:01pm

EMPLOYMENT in the green energy sector is set to sky-rocket, confidential Treasury modelling to be released by the Federal Government shows.

The modelling, which sets out the Commonwealth Treasury’s best assessments of the impact on the economy of climate change, and a planned emissions trading scheme, suggests a virtual bonanza of jobs will occur in the renewable/clean energy sector.

That growth could be as high as 2900 per cent suggesting that as many as 300,000 green jobs could be created over the next 40 years.

The Advertiser has learned the spectacular growth of the alternative energy sector is predicted assuming continuation of the 20 per cent mandatory renewable energy target, and the economic incentives inherent in the emissions trading scheme.

It finds the alternative energy sector is expected to grow by 1735 per cent by 2050. That jumps out to a massive 2900 per cent growth in output once the emissions trading scheme and other green policies are factored in.

AdelaideNow… Go green for jobs bonanza

Tags: renewableenergy

October 29, 2008 - Posted by Christina Macpherson | ENERGY