The Energy
Department recently released a study analyzing the impact of the 2009 stimulus law, called the Preliminary Analysis of the Jobs and Economic Impacts of Renewable Energy Projects Supported by the 1603 Treasury Grants Program. The study,
conducted by the National Renewable Energy Laboratory, specifically looked at the effect of the grant programs for green electricity projects. The program expired at the end of 2011, but since implementation in 2009, it provided roughly $9 billion in grants covering over 23,000 large wind and solar photovoltaic projects.
When discussing the economic benefits of renewable energy, we should most certainly consider these highlights of NREL's study:
- the program created as
many as 75,000 jobs annually over three years.
- the program supported $9 billion- $14 billion in total earnings in that same time frame,
- the program produced $26 billion - $44 billion in economic output since 2009
No comments:
Post a Comment