Monday, April 3, 2017

U.S. cleaner energy industry's revenue is comparable now with pharmaceutical industry


With $200 billion in revenue, advanced energy industry is among U.S. economy leaders, says report published by AEE, a national trade association of businesses working on cleaner and smarter energy. AEE includes in advanced energy the following sectors: building efficiency, electricity generation, delivery and management, advanced transportation, fuel production and delivery, combined heat and power, advanced manufacturing processes, etc.
Worldwide, advanced energy brought in $1.4 trillion in revenue last year, which is, the report says, “nearly twice the size of the airline industry, equal to apparel, and close to global spending on media, from newspapers to movies to video games...”. And it is growing much faster than the world economy overall (7 percent vs. 3.1 percent)! Read more at http://www.vox.com