Millions of jobs in carbon cuts and green technologies
”The report shows regional areas, even those which produce coal and generate electricity will have more jobs if we take strong action to cut pollution, but only if we act now,”
Carbon scheme ‘will create millions of jobs’ The Age, TOM ARUP, May 19, 2010, BIG cuts to carbon emissions and heavy investment in green technologies will create 3.7 million jobs across Australia by 2030, economic modelling commissioned for unions and green groups shows.The ACTU and the Australian Conservation Foundation will today launch the modelling project, which has been six months in the works, in an effort to show serious efforts to tackle climate change will create jobs, even in areas dominated by the mining and electricity industries………..
The report finds that, overall, jobs will increase by 36 per cent across Australia in 20 years.
”The report shows regional areas, even those which produce coal and generate electricity will have more jobs if we take strong action to cut pollution, but only if we act now,” ACTU president Sharan Burrow said.
Along with an emissions trading scheme and a 25 per cent emissions cut, the modelling assumes the Australian government will invest directly in targeted regional industry planning, electric cars, public transport and reducing household emissions.
Under the modelling, the programs assumed an investment of an average of 2.5 per cent of gross domestic product over the next 20 years.
The report finds that if that investment is made, households will be 10 per cent better off by 2030, mainly because of the investment in energy efficiency, and GDP growth would be 3.2 per cent on average to 2030.
The modelling was conducted by the National Institute of Economic and Industry Research. Carbon scheme ‘will create millions of jobs’
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