According to a new Michigan State University (MSU) study found that a proposed to raise the state’s renewable energy standard (RES) to 25 percent by 2025 would double the number of green jobs in the state. Currently, Michigan’s official goal is 10 percent by 2015.
MSU’s Projected Job and Investment Impacts of Policy Requiring 25% Renewable Energy by 2025 in Michigan study concluded the state RES would create at least 74,500 new green collar jobs. A Bureau of Labor Statistics analysis published earlier this year found that Michigan currently has 80,000 green collar jobs so the RES double the state’s green labor force. The proposition would also create more than $10 billion in new investments.
The MSU study suggests it is expected that wind energy would be the leading renewable energy technology. Four years ago Michigan had 34 operational wind turbines. Currently the state has nearly 300 reported turbines.
Michigan’s Public Service Commission reported that the cost of renewable electricity is now less expensive than electricity generated by coal. Chris Kolb, president of the Michigan Environmental Council, notes, “This report illustrates the tremendous boost to Michigan’s economy that a strong renewable energy standard will have. It’s a job-creating machine, with the added benefit of cleaner air, improved public health, and healthier communities.”