The cost of renewable energy will be very high and it may make you change your mind about investing in it. However, in the long run it will actually save more money. Renewable energy technologies are more labor intensive so it will create more jobs for citizens and the economy will boost. In 2011, the wind energy industry "directly employed 75,000 full-time-equivalent employees in a variety of capacities, including manufacturing, project development, construction and turbine installation, operations and maintenance, transportation and logistics, and financial, legal, and consulting services"(American Wind Energy Association). For solar installation, manufacturing, and sales, approximately 100,000 people were employed; the hydroelectric power industry "employed approximately 250,000"(Navigant Consulting. 2009.); the geothermal industry employed 5,200.
"UCS analysis found that a 25 by 2025 national renewable electricity standard would stimulate $263.4 billion in new capital investment for renewable energy technologies, $13.5 billion in new landowner income biomass production and/or wind land lease payments, and $11.5 billion in new property tax revenue for local communities." (UCS. 2009. Clean Power Green Jobs.)
Using renewable energy will stable energy prices and circulates it in the local communities. Another fact is that if we start to use more renewable energy then the United States will not have to import coal, natural gas, and oil resources from other countries. "16 states spent a total of more than $1.8 billion on coal from countries like Colombia, Venezuela, and Indonesia, and 11 states spent more than $1 billion each on net coal imports." ( Deyette, J., and B. Freese. 2010. Burning coal, burning cash: Ranking the states that import the most coal. Cambridge, MA: Union of Concerned Scientists.)
"UCS analysis found that a 25 by 2025 national renewable electricity standard would stimulate $263.4 billion in new capital investment for renewable energy technologies, $13.5 billion in new landowner income biomass production and/or wind land lease payments, and $11.5 billion in new property tax revenue for local communities." (UCS. 2009. Clean Power Green Jobs.)
Using renewable energy will stable energy prices and circulates it in the local communities. Another fact is that if we start to use more renewable energy then the United States will not have to import coal, natural gas, and oil resources from other countries. "16 states spent a total of more than $1.8 billion on coal from countries like Colombia, Venezuela, and Indonesia, and 11 states spent more than $1 billion each on net coal imports." ( Deyette, J., and B. Freese. 2010. Burning coal, burning cash: Ranking the states that import the most coal. Cambridge, MA: Union of Concerned Scientists.)