|Study: San Joaquin Valley grows in green jobs|
|WRITTEN BY BUSINESS JOURNAL STAFF|
|FRIDAY, 15 OCTOBER 2010 12:18|
|Renewable energy projects and California’s high-speed rail system could bring more than 100,000 jobs to the San Joaquin Valley, according to a recent study.Commissioned by the California Business Alliance for a Green Economy, “The Economic Opportunity from Clean Energy Jobs in California’s San Joaquin Valley,” details biomass, hydrogen, solar, and wind projects that are currently in development or pending approval are likely to generate between 68,366 and 79,512 construction jobs in the San Joaquin Valley.
Meanwhile, the 800-mile high-speed train system linking Central and Southern California should yield 24,000 jobs in the region by the time it’s complete. Up to 1,500 jobs would be created from the network’s heavy maintenance facility alone.
The San Joaquin Valley, hit hard by job losses in the current recession, has actually made significant strides in the area of clean energy and other green industry activity, according to the study. While statewide employment in the core green economy grew from 117,000 to 159,000 from
There are currently 9,000 green jobs in the region while 6.5% of electricity is produced in the Valley in contribution to state’s Renewables Portfolio Standard (RPS) Projects, a regulation compelling energy producers to increase their renewable energy supply 33% by 2020.
The study, authored by Dr. Shawn Kantor, professor and County Bank Endowed Chair in Economics at the University of California, Merced, states that the San Joaquin Valley is expected to produce 10% of California’s renewable energy within the next ten years.