It’s not JUST the rich economic opportunity in New Energy that matters. And it’s not JUST that the New Energies are a rich source of jobs. It’s also that the New Energies offer a remarkable opportunity to renew the nation’s manufacturing base, JUST when that opportunity is needed the most.
A lot of people find it difficult to understand how so many jobs can be promised by such new industries. That, however, is the point: The New Energy industries are still building their infrastructure and will be building it for decades. It is an infrastructure that will grow from providing 2% of U.S. power to providing probably a third of U.S. power by 2030 and perhaps all of it by the end of this century. Highly capital intensive, 70-to-75% of the cost of a wind project goes to the manufacturing sector, 68% of the total cost of solar power plants goes to equipment and 60-to-64% of the cost of solar photovoltaics is the cost of the modules and inverter. Somebody's got to build all that. http://www.renewableenergyworld.com/rea/blog/post/2010/03/heres-how-to-bring-good-new-energy-jobs-home
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