Record numbers in 2017 show clean energy is good for American economy

The growth of sustainable energy industries in 2017 “contributed to greater economic competitiveness, job creation and the expansion of the American economy,” according to findings in the sixth annual Sustainable Energy in America Factbook, nawindpower.com reports. The factbook is the result of “a comprehensive review of energy statistics” by Bloomberg New Energy Finance (BNEF) and the Business Council for Sustainable Energy (BCSE), according to the article. The 2018 edition found that renewable deployment “grew at a near-record pace” last year, with wind, solar and hydropower driving renewable generation “up from 15% to 18% of the total electricity mix in one year.” The energy efficiency sector “was the largest single employer within the sustainable energy sectors” with nearly 2.2 million jobs. The United States “remains globally competitive for energy-intensive industries, thanks to low industrial power prices,” and corporations are increasingly demanding clean energy and investing in energy efficiency. For more, read the full article or click here to read the full factbook. 

Energy Efficiency, Renewable Energy