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3/28/17

US Economy:Renewable Energy Industry Creates Jobs 12 Times Faster Than Rest of US

The solar and wind industries are each creating jobs at a rate 12 times faster than that of the rest of the U.S. economy, according to a new report.

The study, published by the Environmental Defense Fund's (EDF) Climate Corps program, says that solar and wind jobs have grown at rates of about 20% annually in recent years, and sustainability now collectively represents four to four and a half million jobs in the U.S., up from 3.4 million in 2011.

The renewable energy sector has seen rapid growth over recent years, driven largely by significant reductions in manufacturing and installation costs. Building developers and owners have been fueled by state and local building efficiency policies and incentives, the report explains.

But, these gains are in contrast to Trump's support for fossil fuel production, his climate change denial and his belief that renewable energy is a "bad investment".

"Trump's current approach is basically ignoring an entire industry that has grown up over the last 10 years or so and is quite robust," Liz Delaney, program director at EDF Climate Corps, told Business Insider.

Note EU-Digest President Trump, however, who does not believe in scientifically proven evidence that Carbon Dioxide Emissions caused by fossil fuels and a variety of other factors are the main cause for global warming, has today signed several sweeping executive orders taking aim at a number of his predecessor's climate policies,  Thereby turning back the clock of American advantages in the alternative energy sector for many years. It will also jeopardize America's current role in international efforts to confront climate change.

Renewable Energy Industry:  Creates Jobs 12 Times Faster Than Rest of US | Fortune.com

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