Thursday, June 17, 2010
Growing Green Jobs
Journal Staff Report
Green job growth in New Mexico significantly outpaced both total employment growth in the state and green job growth in other Rocky Mountain states, according to Montana-based research report being released today.
Headwaters Economics of Bozeman said New Mexico is a "regional and national competitive center of clean technology innovation" and credited state government's "targeted public policy and strong support for business" for increasing employment and new investment in the green economy.
According to Headwaters Economics, employment in New Mexico grew 13 percent from 1995 to 2007, but "total job growth in the green jobs sector" grew 62 percent.
A regional analysis that included Colorado, Montana, Utah and Wyoming showed job growth was 19 percent, but green job growth was 30 percent.
Nationally, total employment grew 10 percent in the same period, and green jobs grew 18 percent.
Headwaters Economics defines the green economy as all enterprises and individuals "who work to provide products, services and knowledge associated with clean energy production, energy efficiency, natural resource conservation and efforts to curb and clean up environmental pollution."
The report said 66 percent of New Mexico's 4,810 green jobs in 2007 were in conservation and pollution mitigation and 15 percent were associated with energy efficiency.
Venture capital investment in clean energy technology was non-existent in 2000, according to the report. By 2007 it reached about $100 million.
New Mexico's "aggressive outreach program, backed by strong incentives — including property tax breaks, bonding and worker training — has attracted new businesses and jobs to the state," the report said.
Headwaters Economics says its mission "is to improve community development and land management decisions in the West. We fulfill our mission by giving the right people credible information they can use to identify and solve problems."