As Congress looks for things to cut, it’s worth noting that green jobs are one of the few bright spots in otherwise dim economic news. The solar industry employed an estimated 93,000 workers in 2010, and that number is expected to reach 120,000 this year, according to the nonprofit Solar Foundation. The American Wind Energy Association reports that there are now 75,000 jobs in the wind industry. Many of the new jobs can be linked to various federal subsidies and tax credits that target renewable energy. But now the ever-more-strapped Congress may let the subsidies and tax credits die, especially the Treasury’s 1603 program that provides direct cash grants to alternative-energy projects — and is due to expire at the end of 2011.
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Could the jobs recovery actually be taking a step back? These nine corporations recently announced layoffs in the thousands.
