Green Trends Gain Economic Momentum

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JLL’s Real Views reports on green building and clean energy trends and their impact on the U.S. economy, including outlook for job creation and earnings growth. To read the full article, please click here

As more and more companies identify sustainability goals and develop the strategies to achieve them, interest in ‘green’ tools, tactics, and technologies also continues to increase. In particular, the green building and alternative energy sectors are enjoying significant growth that has a increasingly substantial impact on the U.S. economy.

The 2015 Green Building Economic Impact Study, published by the United States Green Building Council (USGBC) and prepared by Booz Allen Hamilton, predicts that green construction will account for more than 3.3 million jobs in the U.S. and will produce approximately $190.3 billion in labor earnings by 2018. This development is largely fueled by emerging technologies, favorable economic conditions, and heightened governmental infrastructure spending.

The alternative energy sector is also experiencing a similar boom, with strong opportunities for job creation. In fact, the latest jobs report released by Environmental Entrepreneurs, a nonprofit group, identifies 40 clean energy projects announced in Q2 of 2015 that are predicted to create more than 10,000 jobs in the sector.

Sustainability and green trends continue to gain traction in the marketplace, and these economic indicators suggest that this momentum will continue. For more information, please check out the full article at JLL’s Real Views.

RealViews-Globalsite-400x230pxReal Views is a news site from JLL that features stories exploring the world of real estate and its impact on the wider business world. Its authors and contributors, from within and outside of JLL, provide expert insights that create stimulating conversations to help you make informed decisions.

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