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Facts about Having a Green Degree
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Facts about Having a Green Degree

Date Added: September 01, 2009 11:18:12 AM
Author:
Category: Business & Economy: Employment and Work
 
Having a Green Degree does not necessarily mean that youíll instantly become a millionaire. Although it certainly creates a huge difference between comfortable living and financial difficulty, an environmental degree is, in short and simple terms, a pathway to having a stable job, or creating a career. This is all because of the increasing demands for trained experts in the sustainability and renewable energy sectors. Professional Estimations Itís hard to ignore, but the facts concerning the industries that focus on renewable energy all point towards a pressing need for individuals that have Green degrees (or at least have an education thatís higher than the standards). Itís estimated that around 20 percent of the workforce in the renewable energy industry is expecting retirement within the coming ten years. This will leave around 100,000 empty positions in the industry. Educational Trend Individuals with a Green Degree will certainly become valuable as the current curriculums of most schools will be ill-equipped to prepare students for the future. A significant shortage of professionally qualified individuals will arise at the turning years of the decade and thisíll prompt universities to focus on offering more Green degrees. A lot of energy professional analystsí state that the currently impaired growths of the industries focused on renewable energy is attributed to the lack of trained professionals. Higher education and Green degrees will certainly fill this gap in the demand. The ARRA The ARRA (American Recovery & Reinvestment Act) that President Obama signed into law (early 2009) is focused on designating about $20 billion towards renewable energy and sustainability. This is part of the current US administrationís stimulus package thatíll serve to create over 100,000 new jobs over the coming years. The ARRA also provides a loan guarantee program that is aimed at supporting renewable energy systems. A manufacturing investment tax credit of 30% is also slated towards manufacturers seeking to profit from renewable energy products. A Green Degree curriculum will certainly cover these areas for a lot of people, and with the new initiatives planned to create energy efficiency measures, itíll produce even more jobs that total up to the number of 500,000. Economic Revenue Because of the US governmentís current legislative actions and the rising trend of people whoíre becoming aware of the advantages of energy management, the renewable energy industry revenue is expected to rise come late 2012. After ten years, itís probable that the workforce demand will fill in at least 800,000 job openings. Due to revenue variations, industrial growth, and the prospective number of retirees, the expectations concerning these has generated an increasing demand for individuals that are professionally educated with Green degrees. Individual Salary People wonít have to worry about the salary. Itís all basically about supply and demand. A near-abundant demand for professionals with Green degrees simply means that a lot of companies are willing to pay in order to hire the right experts for Environmental purposes. Currently, salaries are estimated around $40,000 to $150,000. A Green Degree certainly gives you the right advantage especially during the coming years. With a lot of industries focused on renewable energy and energy efficiency, youíll certainly realize that youíve made the right decision when you opted for an education with this kind of degree.
 
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