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Learn about the shift towards green economy, with findings from Ohio, California, and Minnesota. Explore the growth of green jobs, technologies, and market demands.
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“One Minnesota” ConferenceJanuary 14, 2009 Presented by Doug HentonCollaborative Economics, Inc.on behalf of
The U.S. Green Economy Scorecard OVERVIEW: • The Context: New Market Demands • What do we mean by the Green Economy? • Initial Results for Ohio • Initial Results for California
1. The Context: New Market Demands Demand is growing for products and services that: • Leverage renewable energy sources • Conserve energy and natural resources • Reduce greenhouse gas emissions and pollution • Repurpose waste The drivers of this new business activity include: • Public policy: new standards and incentives • Volatile fuel costs • Conservation efforts as a recession buffer • Growing concern about global climate change
2. What do we mean by the Green Economy? • Technology • Products & Services • Supply Chains • Public Policy • Financing • End Users
GENERATE ENERGY FROM RENEWABLE RESOURCES LIMIT NEGATIVE IMPACT ON ENVIRONMENT ENHANCE ENERGY EFFICIENCY EXPAND ENERGY STORAGE CAPACITY CONSERVE NATURAL RESOURCES
2. What do we mean by the Green Economy? Included are companies that provide products or services that conserve natural and energy resources, provide clean alternatives, or reduce pollution (e.g. GHG).
3. Initial Results for Ohio • Green Jobs have outpaced Total Job Growth Between 1995 and 2007: Total Jobs +3% Green Jobs +12% • Since 2005, the strongest green job growth: • Transportation (105%) • Business Services (38%) • Advanced Materials (30%)
Growth in Green Jobs outpaces Total Jobs 1995 to 2007, jobs in green businesses grew 12% while total jobs grew only 3%.
4. Initial Results for California • Green Jobs have outpaced Total Job Growth Between 1995 and 2007: Total Jobs +10% Green Jobs +15% • Since 2005, the strongest green job growth: • Advanced Materials (28%) • Transportation (23%) • Air & Environment (22%)
Growth in Green Jobs outpaces Total Jobs 1995 to 2007, jobs in green businesses grew 15% while total jobs grew only 10%.
Initial Results from Minnesota • Green Jobs have outpaced Total Job Growth Between 1995 and 2007: Total Jobs +10% Green Jobs +17% • Between 2006 and 2007:Green Jobs +9% • Since 2005, the strongest job growth: • Energy Storage (259%) • Energy Generation (33%) • Transportation (23%)
Growth in Green Jobs outpaces Total Jobs 1995 to 2007, jobs in green businesses grew 17% while total jobs grew only 10%.