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an astounding num ber issued during the 18th month of a deep recession, JOB GROWTH within Indiana's clean-energy economy reached nearly 18 percent from 1998 to 2007, the Pew Charitable Trusts said June 11, 2009, in a new report, The Clean Energy Economy: Repowering Jobs, Businesses and Investments across America.
"The clean energy economy is poised for explosive growth," said Lori Grange, interim deputy director of the Pew Center on the States in Washington, D.C. "These jobs are driving economic growth and environmental sustainability at a time when America needs both," she added. "There is a potential competitive advan- tage for federal and state policy leaders who act now to spur jobs, businesses and investments in the clean energy sector." HOOSIER CLEAN-ENERGY ECONOMY Home To Nearly 17,300 Jobs in 2007 In 2007, Indiana's clean-energy economy had nearly 17,300 jobs based on counting of employment rather than estimates, found the report. Pew's researchers conducted actual cou nts of jobs, businesses and investments within Indiana and the entire U.S. (thus pro- viding "hard" numbers that don't rely on "soft" methods such as estimates, multipliers and projections). The emerging clean-energy economy is creating jobs in every state for people of all skill levels and educational background, including: n engineers; n plumbers; n ad- ministrative assistants; n construction; n machine setters; n marketing consultants; n teachers; and n other occupations. Research and analysis cited in the report suggest that Indiana has been outperforming 38 states and the Dis- trict of Columbia in growing jobs within clean-energy sectors. Moreover, the Hoosier state has attracted $26 million in venture capital investments in clean tech- nology over the past three years. INDIANA POSTED FASTEST GROWTH In U.S. for Wind-Power Generation in 2008 "Jobs in renewable energy and energy storage and transmission have helped drive the growth in Indiana's clean-energy economy," said Jodi Gibson, the Pew Environment Group's representative in Indiana. "In fact, Hoosiers are a dominant force in wind power, with the fastest growth in wind power generation nationwide in 2008," she added. NuVant Systems Inc., a Crown Point, Ind.-based developer of components for fuel cells, has experienced growth de- spite the recession, said founder Eugene Smotkin. "Our business has continued to grow despite the recession, while de- veloping cost effective, innovative technologies that will assist fuel cell manufactuers in bringing fuel cells to market, and fuel cell researchers in rapidly improving fuel cell materials," he noted. Smotkin, who is a fellow with the National Energy Technology Laboratory and a professor of chemistry at North- eastern University, has been collaborat- ing with NuVant researchers in develop- ing Renewable Energy Learning Modules for educational institutions. | 
|  | "There is bipartisan support and a growing market demand for transitioning to the clean energy economy," said Phyllis Cuttino, director of the U.S. Global Warming Campaign at the Pew Environment Group. "Americans under- stand the transition is good for the overall economy, is creating new opportunities for jobs and business growth, and helps protect our national security by reducing our dependence on foreign oil. Congress and the Obama admin- istration can and must produce energy and global-warming legislation that creates jobs, enhances energy independence and sustains our environment," she noted. Pew's definition of a clean-energy economy is based on previous research and comments from nationally recognized environmental scientists and economists. "A clean energy economy," Pew explained, "generates jobs, businesses and investments while expanding clean energy pro- duction, increasing energy efficiency, reducing greenhouse gas emissions, wastes and pollu- tion, and conserving water and other natural resources." |

This page was last updated on: Monday, October 05, 2009
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