Improving energy efficiency creates far more jobs than generating it, and at the same time provides a way out of the Covid crisis by bringing prosperity. That’s the verdict of a report by the International Energy Agency (IEA), which says efficiency-related stimulus packages that have been announced already will create 1.8 million jobs in the next two years, with many more to come if governments spend their money wisely. Two-thirds of the jobs would be in the building sector, most of them in retrofitting homes, factories and offices with insulation and other efficiency measures. One of the main benefits of the scheme, the IEA says, would be for young people with few academic qualifications, currently the worst hit by unemployment, who would be needed for most of the building jobs. The remaining jobs would be in transport (20%) and industry (16%).
Climate News Network 26th Jan 2021 read more »