Claims that the renewable energy sector will increase rather than decrease employment were supported this week by figures that 770,000 people were employed in the sector in the US alone by September 2008. This represented a growth rate of 9.1% more than double the rate of growth in the fossil fuel sector, despite record profits at the time. Since then, the global economic downturn has seen a collapse in traditional industry but continued investment in renewable energy. President Obama has invested $US85billion in green investment, more than 10% of his total economic recovery strategy investment. The US aims to overtake Germany as the global leader in renewable energy.
Related story from UK Guardian