RELEASE: Job Creation Top Priority During Summer Legislative Recess - Senator De León Hosts Energy Efficiency Stakeholder Meetings

Wednesday, July 20, 2011

        Job Creation Top Priority During Summer Legislative Recess

Senator De León Hosts Energy Efficiency Stakeholder Meetings

(Los Angeles, CA) – Utilizing the Legislative summer recess break, Senator Kevin de León is conducting stakeholder meetings to determine how best to engage in policy solutions that will dramatically accelerate commercial retrofit activity in California. Increased investment in energy efficiency can provide savings for building owners, help clean the environment, and create tens of thousands of jobs.

As the Chair of the Senate Select Committee on Energy Efficiency (EE), Senator Kevin de León has invited  key energy efficiency industry representatives from the commercial building industry, supply chain--from manufacture to install, the capital markets, and energy service providers.

“These focus group meetings aim to quickly identify challenges and then key in on solutions,” said Senator De León. “We hope to create an array of solutions and let the market determine which will be most successful.”

If every commercial building in California were part of a 10-year retrofit program, the annual energy savings in this state would be worth approximately $4.3 billion every year, and would result in the equivalent of reducing the import of foreign oil by 2.3 billion gallons a year.

“Unlike many jobs in the renewable energy market, you can’t export retrofit jobs,” said Senator De León. “It is labor intensive and must be done on site. Better still, the perfectly trained candidates for this type of work are the exact workforce that is unemployed due to the absence of new building construction.”

An investment in EE as opposed to other energy sources provides a much greater return in terms of job creation. 

•         For every $1 billion invested in a coal power plant, 870 jobs are created

•         For every $1 billion invested in solar photovoltaic, 1,500 jobs are created.

•         But if that same amount of money was invested in energy efficiency retrofits, we would be creating 6,700 jobs.

 

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