Nov 5, 2012 - Last year, Mitt Romney tried to claim that the loan guarantee program supporting Solyndra caused investors to “pull back” from investing in solar. In fact, the last two years have brought record investments and project development in the industry, with U.S. installations growing 116 percent in the second quarter of this year — much of it driven by the loan guarantee program.
As a result of strong federal support, job growth in the industry continues to outpace the broader economy.
According to preliminary figures released last Friday by the nonprofit Solar Foundation, 13,872 new solar jobs were added from September 2011 to September 2012, bringing the total U.S. solar job count up to 119,016. This 13.2 percent increase surpasses the Bureau of Labor Statistic’s estimated employment increase of 2.3 percent during the same period. It also surpasses growth in some sectors of the fossil fuel industry – jobs in the fossil fuel electric generation industry fell by 3,857 or 3.77 percent, according to the study. read more>>>
No comments:
Post a Comment