Green Stimulus Investments and Job Creation

The jobs creation potential of the green economy is staggering. In theUS, President Obama has pledged $150 billion over 10 tears to createfive million green-collar jobs.

Green-collar jobs are those thatbenefit the environment while cutting pollution and reducing waste.Green jobs pay well and they are on the rise as a consequence of theemerging green economy.

According to Shari Shapiro, associate with Obermayer Rebmann Maxwell & Hippel LLP, the numbersshow that green stimulus investments are among the most cost-effectiveways to spend the Recovery Act dollars and create jobs.

Highpaying green job titles include Chief Sustainability Officer (CSO),Sustainability Coordinator, Director of Sustainability, EnvironmentalPolicy Manager, Director of Environment, Energy, & Safety, Directorof Social & Environmental Responsibility, Chief Officer ofEnvironment, Social & Environmental Sustainability Manager, Chief of EHS, Chief Green Officer (CGO), and Corporate Social Responsibility(CSR)

There are many industries that are on the cusp of enormous green growth, they include obvious industries like renewable energy but also less obvious industries like responsible electronics manufacturing.

We are entering an era of unprecedented growth in the green market, andthis growth will supply millions of jobs. The emergence of greenindustries will also have a ripple effect. There are countless otherjobs that will be created by the growth of the green market includingteaching positions to train human resources for their new roles in theemerging green economy.

Governments around the world are seeingthe job opportunities afforded by investing in the emerging greeneconomy. At present, America is being outspent by most of the world’smajor powers. However, the green stimulus spending that President Obamaoutlined in his 2011 State of the Union Address would drive job creation.

As government investment helps green industries grow they would benefitfrom economies of scale and this would bring down costs. Greatercompetition would drive innovation and lower the price point forconsumers.

Richard Matthews is a consultant, eco-entrepreneur, sustainable investor and writer. He is the owner of THE GREEN MARKET, one of the Web’s most comprehensive resources on the business of the environment. He is also the author of numerous articles on sustainable positioning, green investing, enviro-politics and eco-economics.

Original Article on The Green Market Blog


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