Wednesday, September 17, 2008

Green jobs

Interesting piece in today's Cedar Rapids Gazette. A new company in Newton has opened a wind turbine blade factory that will employ 500 people. This is the fifth wind energy company in Iowa (two in Newton, one in Cedar Rapids, one in West Branch, and one in Ft. Madison) and is an indication that once we can wean ourselves off oil and the resource-extraction "Drill, baby, drill" mentality, there is an enormous economic potential in new energy sources and other green jobs. If we look at the models of the computing and communications industries, once this starts it's going to grow really quickly, so if I were looking to invest in the future, I'd look at things like algae-based fuels and flexible thin-film solar panels.

No comments: