How a Green New Deal Would Benefit the Economy

The Green New Deal isn't just about protecting jobs, it's about creating jobs and a healthy economy

Rep. Alexandria Ocasio-Cortez introduced a resolution on February 7 to start a green new deal that would also create new jobs. While the resolution may be dead in the proverbial water until a Democrat is in the presidency, there is no denying what a green new deal would do for the environment. What many may not realize is what it would do for the economy.

A green new deal would create jobs

The Sierra Club touts how a green new deal would benefit the economy in general, including creating millions of jobs. The green economy employs more people than the fossil fuel industry, according to a report by the Brookings Institute. In 2016, the solar workforce increased by 25 percent in 2016 and the wind energy workforce increased by 32 percent, according to a 2017 report by the Department of Energy. The report also found that 2.2 million people work in jobs in the energy efficiency sector, while over 259,000 people work with alternative fuels vehicles.

The jobs created by the green economy are not just short term ones for construction projects, but long term ones for operation and maintenance, as Joseph Kane, senior research associate with the Brookings Institution, said in an interview for a podcast called Trump on Earth. “It has to be about long term career pathways — really workforce development,” he said. In other words, a green new deal has the potential to create good paying jobs with benefits.

Job creation for men and women in the new energy economy workforce
Women in the new energy economy workforceU.S. Bureau of Labor Statistics

Jobs in the renewable energy sector are growing. Spending two percent of annual GDP on the green economy could create more than 15 million jobs in five years, Data For Progress estimated in its report. In the solar sector, jobs are growing 17 times more than the U.S. economy, according to a report published in 2018 by the International Renewable Energy Agency. Almost every state experienced an increase in clean energy jobs in 2018, the 2019 Clean Jobs America analysis found. Clean energy jobs outnumber those in the fossil fuel sector almost three to one. Solar by itself employs over twice the amount of coal workers. Renewable energy jobs are not the only ones that are growing. More Americans work in the energy efficiency sector than work as waiters and waitresses.

A green new deal would save Americans money on energy bills

Weatherizing buildings across the country must be a key part of a green new deal, which would help people reduce their energy bill. It would also create hundreds of thousands of retrofitting jobs. The Sierra Club recommends that any building weatherization projects  receiving funding from a green new deal be required to “pay prevailing wages and focus training opportunities in working-class communities.”

States aren’t waiting for a federal green new deal

While a federal green new deal is essentially dead, states like Illinois are passing laws that further the green economy. Only one month after Trump’s election, Illinois passed the Future Energy Jobs Act. The bill channels $180 million a year from utility companies to solar and wind projects, plus directs $189 million to provide incentives to develop solar energy and fund job training programs. It also invests $5 million in energy efficiency programs.

New Mexico passed the Energy Transition Act in March which transitions the state to 100 percent clean energy by 2045. It increases the state’s renewable portfolio standard to 50 percent renewable energy by 2030 and 80 percent by 2040. It also provides $40 million in the state’s coal regions to provide job training opportunities for coal plant and miners.

As more states join Illinois and New Mexico and experience the benefits of a green new deal, more and more Americans will support a federal bill. It is just a matter of time. 

Comments (1)
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Andrus Valery
Andrus Valery

BREAKTHROUGH TECHNOLOGIES IN ENERGETICS

Electric power multiplier based on MGA (Andrus Molecular Generator). We are looking for investments up to 70 million US dollars.

    I ask you to familiarize yourself with the video "The multiplier of electrical power on the basis of MGA (Andrus Molecular Generator)" https://youtu.be/N447flDIb28.  Turn on English subtitles. Autor's comment to video "Multi-power electric power on the base of  MGA (Molecular generator Andrus)" (for specialists) - http://neutronscience.com.ua/wp-content/uploads/2019/05/AUTHORS-COMMENT-TO-THE-VIDEO.pdf.

From the video it can be seen that the Electric power multiplier with an area of 240 cm2 in comparison with a solar cell of a solar panel of the same area surpasses the latter by 23 times in power and this figure can increase, while the Multiplier works around the clock and year-round. At the same time, the Multiplier does not require repair, maintenance and related infrastructure such as gas stations. A multiplier is a simplified cylindrical version of an MGA with external electrical excitation of its materials (see fig. 2 https://youtu.be/N447flDIb28).">https://youtu.be/N447flDIb28). Basic flat MGA (see figure 1 https://youtu.be/N447flDIb28) with self-excited materials has no electronic circuits and can produce a constant current with a given voltage for 10 years or more.

"The molecular generator of Andrus - MGA" (Business Plan MGA 2018 - http://neutronscience.com.ua/wp-content/uploads/2018/03/Business-plan-MGA-2018.pdf) - this is the source power supply that does not require recharging:

  • MGA-3W, 5V for powering gadgets without recharging;
  • MGA-20kW, 230 V for power supply of apartments and private houses;
  • MGA-150kW, 400 V as power sources for electric vehicles and other vehicles.

The implementation of MGA and Multiplier projects takes about three years and then immediately follows the sale of commercial samples and technologies to Ilona Mask and others at a public auction at the price of three lots from 1,500,000,000 US dollars. The share of the investor on this project is 26% - this is from 390 million dollars. The profit compared to the investment will increase in: $ 390,000,000: $ 70,000,000 = 5.57 times.

The purpose of our video is to show that the declared Multiplier parameters - input (Uin = 220V) and output (Uout = 265 ÷ 270 V, Iout = 0.29A) - really take place, the MGA project is a worker, and the authors fully own the issues implementation. MGA has rather complicated methods for controlling input materials, as well as all stages of its production at the molecular level, since Electricity is produced by materials without any additions. This is similar to the use of finger batteries, only for 10 years or more. The multiplier has a more coarse and simplified packing materials MGA, but also an additional external source of excitation materials (external electrical network). It is much cheaper than MGA. When using our Multiplier as an autonomous power source, it will be necessary to replace the external city electric network with two small batteries with electronic circuitry, and it will also work around the clock and year-round, but it is not suitable for gadgets because of the complex circuitry with batteries and is mainly suitable for use in apartments and private homes. Thus, for flat cars and gadgets, only a flat MGA is suitable. A cheaper option is possible - a hybrid device for obtaining significant power. A low-power MGA plus multiplier cells is used as the external source. The publication of the interview: https://www.interempresas.net/Energia/Articulos/247813-Entrevista-a-Valery-Andrus-BSA-Ltd-(Kyiv-Ukraine).html

We hope for a quick response. Sincerely, V. Andrus, Scientific Director. BSA Ltd., Ukraine. http://neutronscience.com.ua/books/ Email: valeriy.andrus@gmail.com linkedin.com/in/valeriy-andrus-835508153