Study says cleaner energy can create jobs; global business summit corroborates

Study says cleaner energy can create jobs; global business summit corroborates

According to the Copenhagen Climate Council study, in case the US increases its dependence on cleaner sources of energy, at least 2 million new jobs would be created in the country. The substantial number of jobs will result from a mere half-percent yearly rise in US' electricity, provided one-quarter of its electricity comes from wind energy and other renewable sources!

Corroborating the study and noting that similar outlays would produce a million new jobs in European Union countries by 2020, the EU Commission President, Jose Manuel Barroso, told the CEOs of leading international corporations at a global business summit: "Change also brings big economic opportunities."

The corporate leaders at the business summit are focusing on how to lend a helping hand to politicians in settling a new global climate pact, after the expiry of the Kyoto treaty in 2012.

Barroso said that the proposal of achieving a 20 percent share for renewable sources of energy needs to be accompanied by "a satisfactory international climate agreement in which other developed and developing countries contribute their fair share to the limiting global emissions."

Borroso added that though the timing of a prospective climate, amid the economic crisis, might be questioned by some; but in case the adjustments are delayed, the costs of climate change would turn out to be much higher later on!

(via TopNews Europe. Contributed by Adalard Von Strauss)

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