economy To faster change

Pew’s framework takes into account that technology, scientific research, market forces and public policy will continue to drive innovation and competition, so the largest segments of today’s clean energy economy may not be its driving forces tomorrow.
Our data base show that 63 percent of today’s clean energy economy jobs are in the category of Pollution Mitigation and Conservation sector that reflects the growing recognition among the public, policy makers and business leaders of the need to recycle waste, conserve water and mitigate emissions of greenhouse gases and other pollutants. But three other categories Clean Energy, Energy Efficiency and Environmentally Friendly Production are growing at a far faster clip. And about 77 % of venture capital investments in 2010 were in the sectors of Clean Energy and Energy Efficiency: businesses and jobs working to develop clean, renewable energy
Sources such as wind and solar and products and services that reduce our overall energy consumption all of which will help meet the demands of a carbon-constrained economy.
The flow of venture capital indicates which sectors are most attractive to investors and have the greatest growth potential. The number of jobs and businesses in Clean Energy and Energy Efficiency will grow over time—and as the country increases the amount of power it draws from renewable sources, we will generate less waste, reduce our reliance on foreign oil and produce fewer carbon emissions that cause global warming. That does not mean that jobs in the Conservation and Pollution Mitigation category will disappear. As other countries seek to follow America’s lead, they increasingly will need help managing their finite natural resources and addressing the adverse effects of their use of fossil-fuel energy sources—creating a new market for our products, technology and know-how.