Article 54DD6 Renewable energy stimulus can create three times as many Australian jobs as fossil fuels

Renewable energy stimulus can create three times as many Australian jobs as fossil fuels

by
Adam Morton Environment editor
from Environment | The Guardian on (#54DD6)

Government spending on clean energy would deliver 100,000 new jobs, EY assessment finds

Stimulus programs backing clean energy as a path out of recession would create nearly three times as many jobs for every dollar spent on fossil fuel developments, according to a financial consultancy analysis.

The assessment by professional services firm Ernst & Young (EY) says a government focus on renewable energy and climate-friendly projects to drive the economic recovery from the Covid-19 pandemic could create more than 100,000 direct jobs across the country while cutting greenhouse gas emissions.

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