• 11 hours Thanksgiving Gas Prices At 3-Year High
  • 15 hours Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 17 hours South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 21 hours Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 21 hours Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 22 hours Iraq Steps In To Offset Falling Venezuela Oil Production
  • 1 day ConocoPhillips Sets Price Ceiling For New Projects
  • 3 days Shell Oil Trading Head Steps Down After 29 Years
  • 4 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 4 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 4 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 4 days Venezuela Officially In Default
  • 4 days Iran Prepares To Export LNG To Boost Trade Relations
  • 4 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 4 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 4 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 5 days Rosneft Announces Completion Of World’s Longest Well
  • 5 days Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 5 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 5 days Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 5 days Santos Admits It Rejected $7.2B Takeover Bid
  • 5 days U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 5 days Africa’s Richest Woman Fired From Sonangol
  • 6 days Oil And Gas M&A Deal Appetite Highest Since 2013
  • 6 days Russian Hackers Target British Energy Industry
  • 6 days Venezuela Signs $3.15B Debt Restructuring Deal With Russia
  • 6 days DOJ: Protestors Interfering With Pipeline Construction Will Be Prosecuted
  • 6 days Lower Oil Prices Benefit European Refiners
  • 6 days World’s Biggest Private Equity Firm Raises $1 Billion To Invest In Oil
  • 7 days Oil Prices Tank After API Reports Strong Build In Crude Inventories
  • 7 days Iraq Oil Revenue Not Enough For Sustainable Development
  • 7 days Sudan In Talks With Foreign Oil Firms To Boost Crude Production
  • 7 days Shell: Four Oil Platforms Shut In Gulf Of Mexico After Fire
  • 7 days OPEC To Recruit New Members To Fight Market Imbalance
  • 7 days Green Groups Want Norway’s Arctic Oil Drilling Licenses Canceled
  • 7 days Venezuelan Oil Output Drops To Lowest In 28 Years
  • 7 days Shale Production Rises By 80,000 BPD In Latest EIA Forecasts
  • 8 days GE Considers Selling Baker Hughes Assets
  • 8 days Eni To Address Barents Sea Regulatory Breaches By Dec 11
  • 8 days Saudi Aramco To Invest $300 Billion In Upstream Projects

Breaking News:

Thanksgiving Gas Prices At 3-Year High

Who's Next? Venezuela's Collapse Puts These Nations At Risk

Who's Next? Venezuela's Collapse Puts These Nations At Risk

While investors have been ignoring…

Oil Prices Nosedive On Bearish IEA Report

Oil Prices Nosedive On Bearish IEA Report

Oil prices are cratering after…

UN Believe Switch to a Green Economy will Create 60 Million Jobs

UN Believe Switch to a Green Economy will Create 60 Million Jobs

Despite the continuing economic difficulties faced around the world, and the subsequent falling levels of investment as governments try to reduce their budgets, the UN is still pushing to create green jobs as part of a move towards a green economy.

The UN is of a mind that green policies put in place to help the switch from the current high-carbon economy to a low-carbon economy will create tens of millions of jobs around the world over the next two decades. In fact a new report by the United Nations Environment Programme (UNEP) predicted that up to 60 million jobs could result from the switch.

“The shift to a greener economy is creating employment across a range of sectors. In fact, an increasing number of assessments are showing that net gains are possible.”

Green energy technologies and the switch to a green economy have already created millions of jobs in countries around the world. In the US the green energy sector employs three million people in areas such as wind, solar, and energy efficiency. In the UK it has been one of the few sectors to actually grow, and create jobs, currently providing a million people with employment. Brazil’s rapidly growing economy relies a lot on renewable energy, and three million people, about 7% of employed people in the country, now work in the green energy sector.

UNEP also believes that the switch to a green economy could help permanently lift millions of people out of poverty, and provide basic benefits such as electricity and clean water to many parts of the world.

By. Charles Kennedy of Oilprice.com

Join the discussion | Back to homepage

Leave a comment
  • ilma630 on June 12 2012 said:
    The UN can wish for what it likes, but the reality is that the push for green energy will push millions of people INTO poverty, not take them out of it.

    The UN is also under the misguided notion that the energy sector is a business in it's own right. People don't buy energy for it's own sake, but because they need it to live, work, socialise. It's a service based industry, not an end product. All businesses need to reduce their costs to survive in the global economy, not load them.

    What the UN completely fails to understand, is (i) that CO2 has consistently demonstrated via observational evidence that it does not control global temperature, (ii) even if it did, a warmer world would on balance actually be beneficial, (iii) the supply and reserves of hydrocarbon fuels is so abundant that we have many decades at a minimum to develop alternatives, so there's no hurry, (iv) that renewable energy is expensive and unreliable, and places undue strain on electrical grids, (v) causes the backup generators to run inefficiently, and (vi) that the expense of renewables is such that it loads economies with costs that they cannot endure (unsustainable).

    It's also about time that the term 'green' was fully examined, as oil is green, gas is green, i.e. that they were produced naturally, whether from geological processes or the decay of plant material (which fed off CO2 in the first place). What exactly is 'green'?

    It's also about time that the UN, greens, etc. placed man before the earth, as to put man at the back of the queue is to cause him suffering rather than relieving him of it.

    On jobs, we saw what has happened in Spain (for every 1 'green' job bought, 2-3 'real' jobs were lost), and the US 'success' is not at all successful, with solar companies folding left, right and centre, taking millions of tax payer subsidies with them. People also hold up China as an example, but they're only making solar and wind products for export (to the gullible West).

    The sooner the UN get a grip on reality, the better, but then they won't, as it's all about global power and unelected bureaucratic rule. The Rio+20 summit on 'Sustainable Development' is all about a power grab, designed to subvert national sovereignty and democratic governments, not about building national economies (which need cheap & easy access power) such that poverty is eradicated. Thankfully, all the signs are that Rio+20 will be a dismal failure, although to many (the rational of this world), that will be a success.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News