Why Green Energy is Good for the Economy

Remember a long time ago when smokestacks filled city skylines? The darker the skies, the more jobs there were in cities like Detroit, Pittsburgh, and Buffalo. It took a lot of energy to run those factories, which made the very things that made America great– things like automobiles, steel and other goods that literally helped build America.

Today you’re not likely to see as many dirty smokestacks as alternative forms of energy have replaced the burning of fossil fuels in many cases.

Is green energy from renewable resources good for the economy? Surprisingly, yes! It turns out that solar energy, for instance, now employs more people than traditional coal, gas and oil combined. According to a report from the US Department of Energy, solar energy employed 374,000 people in the 2015-2016 year compared to fossil fuels employing some 187,000 people. As you’d imagine, coal has declined sharply, especially in the past ten years.

It seems like solar energy is not only more environmentally-friendly than previous ways to harness energy, but also economically sound… and thriving. More and more workers are constructing various projects that enable the sun’s rays to power our everyday lives in smart ways that include heating pool water, providing electricity to residential homes, and lighting signage along highways.

Over one hundred countries in the world have set renewable energy targets. They want to get away from reliance on fossil fuels and move to different energy sources, such as solar, in order to power their countries. For instance, the European Union set a goal of acquiring 20 percent of its energy needs from renewable sources by the year 2020.

What happens when countries decide to “go green?” New jobs are created. Efficiency is improved. Money is made. Consumers like it because they’re saving money on their utility bills.

Solar energy is an ethical and attractive investment; it’s good for the economy and good for the planet. If you’re in the Albququerque, NM area, make sure to read more about our solar panel services in the Albuquerque market.