Greener Resume Can Give College Graduates Edge in Job Market

Green-collar jobs grew by more than 9 percent, twice the growth rate for traditional jobs, from 1998 to 2007. Even during a recession, a greener resume can be the answer to getting hired, says Wake Forest Director of Sustainability Dedee DeLongpre Johnston. "Sustainability is a competitive advantage in the marketplace," she says. "College graduates entering the job market this year will definitely have an edge if they have developed sustainability-related skill sets."

Getting a green job doesn't mean looking for jobs with "sustainability" or "environment" in the title any more. Green jobs are also not limited to installing solar panels or weatherizing houses. From marketing to publishing to accounting to finance, viewing the world through the lens of sustainability and having practical experience in that area can make a difference when applying for jobs.

As banks look at making loans for green buildings, law firms develop new kinds of contracts for carbon credits, and companies target consumers who value greener products, students who understand what sustainability looks like in various industries or organizations and have experience solving real-world problems will fare well. And, if students understand sustainability principles, any job can become a green job.

"Sustainability is a way of thinking," DeLongpre Johnston says. "And, that way of thinking has value across the job market. Experience and knowledge tied to sustainability will make this year's job hunters stronger candidates."

Internships focused on sustainability are invaluable for students who are job hunting because they help students demonstrate to employers that they can solve problems, says DeLongpre Johnston, who has business majors, anthropology majors and students from other academic departments interning in her office and helps students find off-campus internships.

Integrating sustainability into a career also helps students who are passionate about a greener world align their passions and talents with their work.

"Eventually, sustainability will be woven seamlessly into the fabric of society," she says. Just as proficiency using word processing, the Web, and other technology is now expected in the workplace, understanding sustainability principles and how to apply them will become a basic expectation of employers in the future, she says.  Sustainability also offers the biggest entrepreneurial opportunities out there, DeLongpre Johnston says. The green economy has created new outlets for innovation.

www.DaviesGreenEnergy.com

China Leads US and Other G-20 Members in Clean Energy Finance and Investment

For the first time, China led the United States and other G-20 members in 2009 clean energy investments and finance, according to data released today by The Pew Charitable Trusts. Last year, China invested $34.6 billion in the clean energy economy -- nearly double the United States' total of $18.6 billion. Over the last five years, the United States also trailed five G-20 members (Turkey, Brazil, China, the United Kingdom, and Italy) in the rate of clean energy investment growth.

In the Who's Winning the Clean Energy Race? Growth, Competition and Opportunity in the World's Largest Economies, Pew examines key financial, investment and technological trends related to G-20 members and the clean energy economy. The report tracks and measures global investment activity -- ranging from venture capital, initial public offerings from companies seeking to expand, mergers and acquisitions and lending for large-scale projects -- in this sector. Pew found that the global clean energy economy has experienced remarkable growth:

• Globally, clean energy investments have increased 230 percent since 2005.
• Investment by nearly all G-20 members grew by more than 50 percent over the past five years.
• Despite a worldwide recession, global clean energy investments reached $162 billion in 2009.
• G-20 members accounted for more than 90 percent of worldwide clean energy finance and investment.
• More than 250 gigawatts of renewable energy generating capacity have been installed around the world, producing six percent of global energy.
• Global clean energy investments are projected to reach $200 billion in 2010.

"Even in the midst of a global recession, the clean energy market has experienced impressive growth," said Phyllis Cuttino, who directs the Pew Environment Group's Global Warming Campaign. "Countries are jockeying for leadership. They know that investing in clean energy can renew manufacturing bases, and create export opportunities, jobs and businesses."

"The facts speak for themselves," said Bloomberg New Energy Finance Chief Executive Michael Liebreich. "2009 clean energy investment in China totaled $34.6 billion, while in the United States it totaled $18.6 billion. China is now clearly the world leader in attracting new capital and making new investments in this area."

Countries with strong nationwide policy frameworks, including renewable energy standards, carbon markets, priority loans for renewable energy projects and mandated clean energy targets, such as China, Brazil, Spain, United Kingdom and Germany, have the most robust clean energy sectors as a percentage of their economies. Countries without such policy frameworks including the United States, Japan, and Australia lag behind.

"The United States' competitive position is at risk in the emerging clean energy economy," said Cuttino. "Our nation has a critical choice to make: pass the federal policies necessary to position us as the world leader in the large and growing global clean energy market or continue to watch as China and other countries race ahead."

The United States' clean energy finance and investments lagged behind 10 G-20 members in percentage of gross domestic product. For instance, in relative terms, Spain invested five times more than the United States last year, and China and the United Kingdom three times more.

The United States did lead G-20 members in venture capital and private equity investments associated with technology innovation. However, it trailed in 2009 asset financing, with only $11.2 billion, while China led with $29.8 billion. Asset financing serves as a key barometer of clean energy deployment, job creation and business growth.

Pew published Who's Winning the Clean Energy Race? to highlight how G-20 members are participating and where they rank in the clean energy economy. The data have been compiled and reviewed by Pew's research partner, Bloomberg New Energy Finance, the world's leading independent provider of news, data, research and analysis to decision-makers in renewable energy, carbon markets, energy smart technologies, and carbon capture and storage. The report's primary focus is on investment as it is the fuel that propels the innovation, commercialization, manufacturing and installation of clean energy technologies.

www.DaviesGreenEnergy.com