Renewable energy = New jobs

2009-05-26 18:20

Copenhagen - The organisers of a global business summit on climate change say millions of new jobs would be created in the US alone by relying almost entirely on renewable or low-carbon sources of electricity.

The Copenhagen Climate Council study says the US would gain 2 million jobs if its electricity use grew by just half of 1% a year and a quarter of all its electricity came from wind energy and other clean sources.

EU Commission President Jose Manuel Barroso says similar investments could produce a million new jobs in Europe since "change also brings big economic opportunities."

Barroso spoke at the second day a summit where CEOs of major world businesses are focusing on how to help politicians negotiate a new UN-administered global climate treaty in Copenhagen in December, to succeed the Kyoto treaty which expires in 2012.