Wind Industry Jobs Bottom Out in Third Quarter

December 9, 2012

It’s now abundantly clear that political uncertainty over the the last year has killed US job growth for the wind industry.

Wind Industry Jobs Bottom Out in Third Quarter

Wind Industry Jobs Bottom Out in Third Quarter

A new report released last month by Environmental Entrepreneurs shows job growth is significantly lower this quarter when compared figures from the past two quarters. As the end of the year approaches there is still a lot of work to be done by the congress of the United States.

Wind Industry Jobs Bottom Out in Third Quarter

New analysis by Environmental Entrepreneurs (E2) indicates 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 that is about to expire.

The report, titled “What Clean Energy Jobs? These Clean Energy Jobs!”, found that while still moving in a positive direction, job growth this quarter was dramatically less than in the previous two quarters of 2012 – despite an improving economy.

The top 10 green job states in the third quarter of 2012 were (from 1 to 10): California, New York, Oregon, Washington, New Mexico, Texas, North Carolina, Minnesota, Illinois and Nevada. As part of its analysis, E2 tracked announcements involving more than 37,000 jobs in the clean energy sector in the second quarter. In the first quarter of this year, there were 46,000 clean energy jobs announced – more than four times as many as in the third quarter. In the wind industry, manufacturing job announcements fell to zero in the third quarter, compared to eight announcements in Q1 and two in Q2.

“It’s hard to expand your business and create new jobs with this much political uncertainty affecting the wind industry,” said Jacob Susman, founder and CEO of OwnEnergy, Inc, a Brooklyn, N.Y.-based wind farm developer.

Learn more on the Huffington Post

Every day in the news we hear about elected officials in Congress who are trying to avoid the “fiscal cliff” that they themselves created by postponing the heated debate regarding taxes and other important legislation scheduled to expire December 31st. Now that Obama has been reelected, dealing with this mess will be a top priority before the holidays arrive. Let’s all hope that a compromise can be reached and is passed quickly because there is definitely a sense of urgency for those who need those wind industry jobs that bottomed out in the third quarter this year.

Are you in favor of extending the Production Tax Credits for green energy or should we stop subsidizing and see if they can survive this treacherous economy?

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