Renewable energy stimulus can create three times as many Australian jobs as fossil fuels

Posted by on June 6, 2020 8:11 pm
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Categories: Global Stories

Government spending on clean energy would deliver 100,000 new jobs, EY assessment finds

Stimulus programs backing clean energy as a path out of recession would create nearly three times as many jobs for every dollar spent on fossil fuel developments, according to a financial consultancy analysis.

The assessment by professional services firm Ernst & Young (EY) says a government focus on renewable energy and climate-friendly projects to drive the economic recovery from the Covid-19 pandemic could create more than 100,000 direct jobs across the country while cutting greenhouse gas emissions.

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