Jump to content
one...two...tree

Clean energy jolts job markets

 Share

2 posts in this topic

Recommended Posts

Filed: Country: Philippines
Timeline

44340322.jpg

NEWS: Rick Doornbos, CEO of Michigan's Hemlock Semiconductor Corp., on Dec. 15 announced an expansion that could create hundreds of green jobs. That same week, Detroit automakers GM and Chrysler were asking for a federal bailout.

Some states -- including Michigan -- already see renewable energy as their future: It's the only sector that appears to be making room for more employees despite the recession.

By Marla Dickerson

Reporting from Hemlock, Mich. -- While Detroit's automakers struggle to rebuild their sputtering operations, the key to jump-starting Michigan's economy may lie 80 miles northwest of the Motor City.

This is the home of Hemlock Semiconductor Corp. It makes a material crucial for constructing photovoltaic panels. And that has turned this snow-covered hamlet into an unlikely hotbed for solar energy.

On Dec. 15, the same week that General Motors Corp. and Chrysler begged $17.4 billion from taxpayers to stave off collapse, Hemlock announced a $3-billion expansion that could create hundreds of jobs. It's a rare piece of good news for this battered Rust Belt state, whose 9.6% unemployment rate is the nation's highest.

In contrast to Detroit iron, Hemlock's quartz-based polycrystalline silicon is in such demand that workers in white smocks and protective gear toil around the clock to get it to customers around the globe.

Hemlock has been deluged with applications from idle factory hands such as former autoworker Don Sloboda. The 50-year-old Saginaw resident has been retraining at a local community college for what he hopes is the region's new engine of job growth.

"It looks like the future to me," Sloboda said.

Whether clean energy can pull Michigan out of the ditch remains to be seen. But the push is on to retool America with so-called green-collar industries.

President-elect Barack Obama wants to spend $150 billion over the next decade to promote energy from the sun, wind and other renewable sources as well as energy conservation. Plans include raising vehicle fuel-economy standards and subsidizing consumer purchases of plug-in hybrids. Obama wants to weatherize 1 million homes annually and upgrade the nation's creaky electrical grid. His team has talked of providing tax credits and loan guarantees to clean-energy companies.

His goals: create 5 million new jobs repowering America over 10 years; assert U.S. leadership on global climate change; and wean the U.S. from its dependence on imported petroleum.

"Breaking our oil addiction . . . is going to take nothing less than the complete transformation of our economy," Obama said during a campaign stop in Michigan's capital, Lansing, last year.

Americans have heard it before. Every president since Richard Nixon has touted energy independence, yet the goal remains elusive. The U.S. imported less than a third of its crude around the time of the Arab oil embargo in 1973. Today foreigners feed nearly 60% of the nation's petroleum habit.

Skeptics fear that the president-elect's Green New Deal will do little but waste taxpayers' money. The government squandered billions on the Jimmy Carter-era synthetic-fuels program, a failed effort to create vehicle fuel from coal.

Corn-based ethanol -- the latest recipient of fat subsidies -- is loathed by many environmentalists, who say it is an inefficient fuel that gobbles precious cropland and helps to drive up food prices.

Better to let the market decide, not the state, said Donald Boudreaux, chairman of the economics department at George Mason University in Virginia.

"The history of government picking winners in the U.S. is not that grand," he said. "People instinctively love the idea of green jobs. . . . But there is a lot of mass stupidity out there."

Renewable-energy proponents such as former California Treasurer Phil Angelides say stupidity would be to stick with current U.S. energy policy, which has turbocharged global warming, super-sized the trade deficit and propped up oil-rich regimes hostile to American interests.

more...

http://www.latimes.com/business/la-fi-gree...,0,378269.story

Link to comment
Share on other sites

Filed: Timeline

Disruptive technologies have always separated the companies that can adapt from the companies that were too stuck in their ways to adapt. The internet is a great example, and Microsoft lost billions making up lost time on that front. A lesser company would have folded.

Green technology is poised to be the next disruptive technology. Detroit needed to get on board with this a lot earlier than they have. In fact, it may already be too late. But the good news is that there is plenty of appetite out there to fill the vacuum.

Link to comment
Share on other sites

 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
- Back to Top -

Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×
×
  • Create New...