Clean Energy Jobs | Opportunities for Industry and Business | Costs of Inaction
Less Carbon, More Jobs: This map locates some of the hundreds of clean energy businesses in Indiana.Clean energy already provides thousands of Indiana workers with good jobs during hard times. This fact sheet collects several sources of information showing how accelerating the clean-energy transition will benefit Indiana's economy — and, conversely, the costs and consequences of failing to act.
This map1 tells the story of existing companies across Indiana that will get new customers and create jobs with a cap on carbon.2
Profiles of Clean Energy Businesses in Indiana
Sunrise Solar in St. John is one of the many businesses already flourishing from the rising interest in clean energy. Read their story to learn more about clean energy jobs.3
The Clean Energy Economy [PDF]
The clean energy industry in Indiana is booming (job growth of 17.9%) even while overall job growth is declining (job losses of 1.0%). By 2007, 1,268 businesses had generated nearly 17,300 Indiana jobs [PDF] in the clean energy economy, according to the Pew Charitable Trusts. Venture capitalists are investing $26 million in Indiana's clean energy businesses.4
| Clean Businesses (2007) | Clean Jobs (2007) | Clean Job Growth (1998-2007) |
Overall Job Growth (1998-2007) |
Venture Capital (2006-2008) |
|
|---|---|---|---|---|---|
| Indiana | 1,268 | 17,298 | 17.9% | -1.0% | $26,000,000 |
Both the Department of Energy and McKinsey and Company have identified significant, untapped opportunities for key industries in Indiana to prosper under a clean energy economy.
According to a June 2009 report released by the National Oceanic and Atmospheric Administration, inaction on global warming will cause significant harm to the Midwest.10 Lake Michigan's water level will fall by 1.9 feet, severely harming Indiana's shipping and the manufacturing industries that rely on it. Indiana's farmers—who provide $8 billion [PDF] for the state11 —will lose ground to disease-causing pathogens, insect pests, and droughts.
The Union of Concerned Scientists finds that global warming will hurt the health of Indiana's citizens [PDF], as well as its transportation infrastructure.12 And the National Wildlife Federation shows how global warming will damage the 35,226 jobs provided by Indiana's $1.8 billion hunting, wildlife-viewing, and angling industries [PDF], which employ more than 40,600 Hoosiers.13
A nationwide cap on greenhouse gas emissions would jumpstart a new energy economy in Indiana and accelerate the growth of good-paying, clean jobs. If we fail to act soon, the new markets for clean energy will grow overseas instead.