The Advantages Of Renewable Resources: The Benefits Of Renewable Resources

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The Benefits of Renewable Resources

Pham Thi Thanh Hao, Vu Le Ha An, Nguyen Thi Hoai An, Le Hoang Cong Huan
Business Communication
January 10th, 2015
Douglas Monroe Foster

The Benefits of Renewable Resources
On the beginning day, our earth was very clean with fresh air and pure water. However, after centuries, exhaust gases caused by the emissions from industries, manufacturing activities and burning fossil fuels and other activities have been emitted into the atmosphere. As a result, lives and also other living things are being affected by the pollutants. The humanity is facing problems such as global warning, increasing demand, rising price of energy and so on. Since all living things depend upon the non-living parts …show more content…

Especially, renewable energy industry can create more jobs. "Compared with fossil fuel technologies, which is mechanized and capital intensive, the renewable energy industry is more labor-intensive", according to UCS (“Benefits of Renewable Energy Use”, n.d., para. 15). Consequently, the more renewable energy is used, the more the unemployment rate will decrease. In 2011, the wind energy industry employed 75,000 employees in a variety of capacities, including manufacturing, project development, construction and turbine installation, operations and maintenance, transportation and logistics, and financial, legal, and consulting services. In the same year, the solar industry employed approximately 100,000 people; the hydroelectric power industry employed about 250,000 people in 2009, and in 2010, the geothermal industry employed relatively 5,200 people (“Benefits of Renewable Energy Use”, n.d., para. 16-17). In addition, the Union of Concerned Scientists (UCS) conducted an analysis of the economic benefits of a renewable energy standard by 2025 in 2009. Subsequently, they found that such a policy would create more than three times as many jobs as producing an equivalent amount of electricity from fossil fuel - resulting in a benefit of 202,000 new jobs in …show more content…

Industries in the renewable energy supply chain will benefit, and unrelated local businesses will benefit from increased household and business incomes. Local governments collect property, income taxes and other payments from renewable energy project owners. These revenues can help support public services, especially in rural communities where living standard need to be improved. Besides, farmers and rural landowners can earn extra income by producing feedstocks for biomass power facilities (“Benefits of Renewable Energy Use”, n.d., para. 20). Likewise, UCS analysis found that by the year 2025, the U.S renewable electricity standard would stimulate $263.4 billion in new capital investment for renewable energy technologies, $13.5 billion in new landowner income biomass production and/or wind land lease payments, and $11.5 billion in new property tax revenue for local

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