Winning the Talent Game in an Increasingly Competitive Marketplace
The Clean Energy Economy: The United States and its Position in a Competitive, Global Marketplace
-
Upload
pewenvironment -
Category
Technology
-
view
562 -
download
0
description
Transcript of The Clean Energy Economy: The United States and its Position in a Competitive, Global Marketplace
www.pewglobalwarming.org/cleanenergyeconomy
The Clean Energy Economy
The United States and its Position in a Competitive, Global Marketplace
Phyllis CuttinoDirector
Climate and Energy ProgramsPew Environment Group
www.pewglobalwarming.org/cleanenergyeconomywww.pewglobalwarming.org/cleanenergyeconomy
• the first-of-its-kind hard count of the jobs, businesses and investments in the U.S. Clean Energy Economy
• the first-ever state-by-state analysis of the Clean
Energy Economy over time (1998-2007)
• offered a clear definition and framework on the Clean Energy Economy
Pew’s Clean Energy Economy study was…
www.pewglobalwarming.org/cleanenergyeconomy
Defining the Clean Energy EconomyWhat is a Green Job?
• While clean energy jobs and businesses will change over time, these specific categories will not.
• Categories provide a framework and allow for innovation in the clean energy sector.
www.pewglobalwarming.org/cleanenergyeconomywww.pewglobalwarming.org/cleanenergyeconomy
• Job growth in the clean energy economy outperformed overall job growth in 38 states and the District of Columbia between 1998 and 2007.
• Jobs include engineers, plumbers, construction workers, machine setters, teachers and others with annual incomes ranging from $21,000 to $110,000.
• In 2007, there were over 770,000 jobs in the clean energy economy
Clean Energy Jobs in the United States
www.pewglobalwarming.org/cleanenergyeconomy
www.pewglobalwarming.org/cleanenergyeconomy
Missouri
www.pewglobalwarming.org/cleanenergyeconomy
StateJobs
(2007)Relative Growth
(1998-2007)Businesses
(2007)Venture Capital
(2006-2008)Patents
(1999-2008)Arkansas 4,597 7.8% 448 $22,844,701 8
Illinois 28,395 -2.5% 2,176 $108,519,023 297
Indiana 17,298 17.9% 1,268 $26,000,000 174
Iowa 7,702 26.1% 729 $149,237,274 46
Kansas 8,017 51.0% 591 $13,274,882 15
Kentucky 9,308 10.0% 778 $0 17
Michigan 22,674 10.7% 1,932 $55,099,376 749
Minnesota 19,994 11.9% 1,206 $49,937,944 218
Missouri 11,714 5.4% 1,062 $24,479,634 25
Nebraska 5,292 108.6% 368 $0 15
Ohio 35,267 7.3% 2,513 $74,224,203 309
Tennessee 15,507 18.2% 1,090 $16,328,927 47
Wisconsin 15,089 -5.2% 1,294 $46,742,521 214
Midwest States
www.pewglobalwarming.org/cleanenergyeconomy
www.pewglobalwarming.org/cleanenergyeconomy
Who’s Winning the Clean Energy Race?Growth, Competition, and Opportunity in the World’s Largest Economies
• How was the sector faring in the face of the economic downturn? Effect of stimulus funds?
• How were countries competing?
www.pewglobalwarming.org/cleanenergyeconomywww.pewglobalwarming.org/cleanenergyeconomy
• tracks overall clean energy finance and investment for every G-20 member country
• offers competitive snapshots of the clean energy
economy in each of the G-20 member countries
• highlights certain domestic policies that are successful in spurring clean energy growth
Pew’s G-20 Clean Energy Factbook…
www.pewglobalwarming.org/cleanenergyeconomy
Growth in the Clean Energy Economy
• 90% of investments occur in G-20 member economies.
• Globally clean energy investment has grown 230% since 2005.
• $162 billion was invested in 2009.
• An average of $32 billion invested in each of the last three quarters.
www.pewglobalwarming.org/cleanenergyeconomy
Measuring Competition
www.pewglobalwarming.org/cleanenergyeconomy
Measuring Competition
Investment intensity is clean energy investment as a percentage of a nation’s gross domestic product (GDP).
www.pewglobalwarming.org/cleanenergyeconomy
Measuring Competition
• Total global renewable energy capacity at the end of 2009 was 250 GW.
• The U.S. led in installed wind, biomass, and geothermal, but very close to losing this lead to China.
www.pewglobalwarming.org/cleanenergyeconomy
Measuring Competition
The U.S was the undisputed leader in innovation, with 60% of global venture capital investments. This trend is likely to continue as U.S. has been an engine of energy technology innovation.
www.pewglobalwarming.org/cleanenergyeconomy
Global Stimulus Funding for Clean Energy
• An estimated $184 billion was earmarked for clean energy by the various government stimulus packages.
• U.S. led with $66 billion and China was second with $47 billion.
• Two-thirds of financial recovery funding is projected to be spent in 2010 and 2011.
www.pewglobalwarming.org/cleanenergyeconomy
Countries Leading the G-20 Have Enacted Multiple Clean Energy Policies
www.pewglobalwarming.org/cleanenergyeconomy
Policy and the U.S. Clean Energy Economy
• The U.S. has a patchwork of state renewable energy standards and no national carbon policy.
• Federal financial support to the sector has been episodic and short-term, up one administration, down the next.
www.pewglobalwarming.org/cleanenergyeconomy
The U.S. Is At A CrossroadsPredictable policy instruments are needed• The U.S. is going to be left
behind in the global clean energy race unless sufficient policy is implemented.
• A national carbon cap, strong RES and predictable financial incentives would provide long-term market security to clean energy investors.
• Comprehensive federal legislation would create new technologies that could be exported to meet global demand.
www.pewglobalwarming.org/cleanenergyeconomy
Opportunity in the Global Clean Energy Economy
• Projected 25% growth in the sector this year – to a record $200 billion by the end of 2010.
• 80% of future energy demand will come from developing countries.
www.pewglobalwarming.org/cleanenergyeconomy
Opportunity in the Clean Energy Economy
The International Energy Association estimates that $38 trillion will be needed globally between now and 2030 to meet demand and C02 goals.
www.pewglobalwarming.org/cleanenergyeconomy
What They’re Saying About the Clean Energy Economy
• “Right now, the United States has no long-term market signal to tell companies and consumers that it values low-carbon energy. It has no policies to discourage sending hundreds of billions of dollars a year overseas for energy. It does not offer adequate sustained R&D funding to be a serious competitor in this huge business.”
- John Doerr, venture capitalist
www.pewglobalwarming.org/cleanenergyeconomy
www.pewglobalwarming.org/cleanenergyeconomy
Arkansas
www.pewglobalwarming.org/cleanenergyeconomy
Illinois
www.pewglobalwarming.org/cleanenergyeconomy
Indiana
www.pewglobalwarming.org/cleanenergyeconomy
Iowa
www.pewglobalwarming.org/cleanenergyeconomy
Kansas
www.pewglobalwarming.org/cleanenergyeconomy
Kentucky
www.pewglobalwarming.org/cleanenergyeconomy
Michigan
www.pewglobalwarming.org/cleanenergyeconomy
Minnesota
www.pewglobalwarming.org/cleanenergyeconomy
Nebraska
www.pewglobalwarming.org/cleanenergyeconomy
Ohio
www.pewglobalwarming.org/cleanenergyeconomy
Tennessee
www.pewglobalwarming.org/cleanenergyeconomy
Wisconsin