In his inauguration speech, President-Elect Obama said we need an economy that addresses the “new energy to harness and new jobs to be created.”� But what are some of the opportunities to watch for? Check out his plan below, and then lets discuss some of the areas that should see increased opportunity. /business/article/38622
Obama's proposals are ambitious, and could lead to millions of new green jobs
The Obama Plan Says: Help create five million new jobs by strategically investing $150 billion over the next ten years to catalyze private efforts to build a clean energy future.
Where are the green job opportunities: $15 billion dollars a year to support clean energy will be a boon for renewable energy companies. Solar, wind, and geothermal will all benefit from increased financing. In solar look for opportunities in thin-film companies like Nano Solar and Mia Sole, in traditional solar companies like Suntech, Sharp, Sun Power, and large utility scale solar plants developed by companies like E-Solar and Ausra.
Jobs in wind development include developers of wind farms as well as the companies that are producing the equipment. US companies like GE and European manufacturers including Vestas and Gamesa are all ramping up operations in the US to produce and sell more turbines.
The Obama Plan Says: Put 1 million Plug”�In Hybrid cars — cars that can get up to 150 miles per gallon — on the road by 2015, cars that we will work to make sure are built here in America
Where are the green job opportunities: The biggest buzz around Hybrid are batteries, and companies like A123Systems have raised a lot of money from the venture community. There are also innovative companies building new car's like Tesla and new ways to think about transportation like Better Place
The Obama Plan Says: Develop and Deploy Clean Coal Technology
Where are the green job opportunities:This goes hand in hand with Carbon Markets. By pricing carbon, the economics of clean coal technology and carbon capture will improve dramatically. The government will be spending money on new carbon-capture projects. Clean coal companies like Coal Tek are exploring ways to make the source of 50% of our electricity cleaner.
Where are the green job opportunities: Energy efficiency is the cheapest and easiest way to reduce our carbon footprint. Some opportunities are very local and hands on, like Energy Service Companies that manage buildings electricity usage through the use of energy efficient lighting, mechanical and other techniques. Others are more technologically intensive like demand response companies that will work with utilities to manage customer power use through the grid.
Once building takes off again, green building and energy efficient building and techniques will have a giant impact on the economy. From LED lightbulbs to high efficiency appliances, companies throughout the green building value chain will innovate with a focus on energy efficiency.