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November 12, 2012

Latest Analysis by E2 Discovers Steep Slowdown in the Third Quarter

This year in the third quarter, according to the latest analysis by Environmental Entrepreneurs (E2), more than 10,800 jobs were announced in the clean energy sector and related industries.

In the third quarter of 2012, the top 10 green job states were (from No.1 to No.10): California, New York, Oregon, Washington, New Mexico, Texas, North Carolina, Minnesota, Illinois and Nevada. However, despite an improving economy, the job growth was dramatically less than the previous two quarters of this year.

The latest "What Clean Energy (News - Alert) Jobs? These Clean Energy Jobs!" report suggests that what was once strong job growth in the clean energy sector is being reined in by uncertainty over politics and policies, such as the production tax credit (PTC) for the wind industry.

By comparison, in the second quarter, E2 tracked announcements involving more than 37,000 jobs in the clean energy sector. There were 46,000 clean energy jobs announced in the first quarter of this year, which is more than four times as many as in the third quarter.

"These numbers show that policy matters," said Judith Albert, executive director of Environmental Entrepreneurs.

To ensure that it doesn’t lose any more momentum in the clean energy sector that's helping both the economy and the environment, Albert added that with clean energy job announcements slowing down, it becomes even more important that Congress and the administration take the right steps.

To search for job announcements by sector and by state, E2 also unveiled a new online tracking tool. While building economic prosperity, E2 is a nationwide network of business leaders who advocate for good environmental policy. It is an affiliate of the Natural Resources Defense Council.

Edited by Brooke Neuman

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