State of the green economy by Aman Singh of the Vault.com

Last year, California reported that green jobs grew by 5 percent between 2007 and 2008, while total jobs declined by 1 percent. A report by Collaborative Economics for Next 10, a Palo Alto-based nonprofit, studied the state’s “core green economy” and determined that the number of green companies grew 45 percent between 1995 and 2008, simultaneously increasing jobs in renewables, energy efficiency and clean tech by as much as 36 percent.

Even more interesting: While a majority of these jobs existed before the recession, new positions such as energy auditors, solar panel installers and energy efficiency experts were created as well. And it’s not all blue collar either. According to the report, service-based green jobs, such as environmental consulting, made up 45 percent of green employment, while manufacturing, focused in energy efficiency and energy generation, accounted for another 21 percent.

These statistics from years when job growth was minimal across the country are encouraging if not downright uplifting. Chris Russell, who is the man behind job search sites like greenjobspider.com spoke to Vault recently on why “green” is the next great job market:

1. The private sector views the clean energy economy as a significant opportunity. Venture capital investment in clean technology reached a total of about $12.6 billion by the end of 2008. In 2008 alone, investors directed $5.9 billion into American businesses in this sector, a 48% increase over 2007 investment totals.

2. The U.S. government has invested 80 billion dollars for research and development of clean energy technology.

3. Legislation in certain states is being passed to require a certain percentage of renewable energy use.

4. Bloom Energy, a Silicon Valley fuel cell start-up has received $400 million in VC funds. When is the last time a start-up got that much cash?

5. The country has never been more energy conscious than it is today. People want to save money by being more energy efficient.

6. The number of jobs in America’s emerging clean energy economy grew nearly two-and-a-half times faster than overall jobs between 1998 and 2007.

7. The U.S. will eventually adopt a national standard mandating that we use renewable energy.

Links

http://www.vault.com/wps/portal/usa/blogs/entry-detail/?blog_id=1462&entry_id=11060

http://www.vault.com/wps/portal/usa/blogs/entry-detail/?blog_id=1462&entry_id=10582

http://www.vault.com/wps/portal/usa/blogs/entry-detail/?blog_id=1462&entry_id=10529

Thank you

Aman Singh, Vault.com Corporate Social Responsibility (CSR) Editor

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How the green economy will pull the US out of recession by LINDSAY SCHERR

LINDSAY SCHERR

By LINDSAY SCHERR

At this point, “Green” means a few things in the American marketplace: marketing or “green washing”; saving money as a bi-product of an increase in efficient procedures, manufacturing, and facility modifications; renewable energy generation; and overall innovation of the way we do things.

Innovation creates jobs, because someone has to make the new products, and then service the new way of doing things. Looking at ways to redesign our processes and the way we use resources and energy is crucial, not only to the planet, but there are many ways to cut expenses and reduce waste. There are many technologies out there that are simple to implement, and make enormous difference. Change equals the opportunity to create something new. We are in a new paradigm. We must innovate because as the economy indicates, the old way of doing things no longer works.

At Celadon, we offer Energy Management to large commercial property owners to help them cut costs by helping them to visualize, analyze and optimize their real-time energy use for maximum savings. Building owners save money, reduce common area costs, and can turn around and market their building as more energy efficient or green, which is attractive to eco-minded, yet financially concerned Tenants. In this case, the business saves money; the buildings become more valuable; systems run smoother and more efficiently and as a bi-product help people be Greener without a lot of effort or major capital outlay. Solutions that save money by creating more efficiency are prolific; they just need to be implemented. Those money savings can in turn be reallocated for new jobs. For example, when we are able to save a client $100,000 annually, they can hire new people or give higher returns to their investors.

Green innovation impacts both sides of the P & L statement. There are always better ways to do things. Innovation and change can bring about amazing results that increase marketability and sales while saving money and reducing the environmental impact. We have an opportunity to look for alternative that will do all the things listed above. Being efficient, being innovative, (AKA green) is just smart business.

Contact: LINDSAY SCHERR, Principal

WE CUT YOUR ENERGY COSTS WITH REAL-TIME MONITORING

Office: (877) 722-1028

www.CeladonEnterprises.com

Twitter.com/CeladonEnt

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