Thursday, June 7, 2012


Germany eyes job boom in renewables sector - study





BERLIN, June 6 | Wed Jun 6, 2012 8:51am EDT
(Reuters) - Germany's expanding renewable power industry will account for over half a million jobs by 2030, an increase of more than a third from current levels, driven by strong solar and wind sectors, a study presented on Wednesday showed.
The GWS think tank said it expected the number of jobs linked to the renewables industry to rise to as much as 600,000 in 2030. Currently around 382,000 jobs are linked to the industry, equivalent to about 1 percent of the workforce in Europe's biggest economy,
The study included employees involved in making and maintaining renewable energy equipment as well as workers indirectly serving the sector such as scientists, suppliers and service industries.
Chancellor Angela Merkel is banking on a major expansion in renewables to make up for possible power shortfalls from an accelerated exit from the nuclear industry - a move she abruptly announced a year ago after Japan's Fukushima disaster.
Germany aims to derive 35 percent of its power from renewable sources in 2020 and 80 percent in 2050 from 20 percent now although critics say those targets looks a long way off.

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