Wood energy at heart of clean energy opportunitiesFriday 22 Feb 2013 The analysis shows that the geothermal industry alone could be worth over NZ$4 billion to the economy every year. A growing bioenergy sector will see New Zealand becoming increasingly less reliant on foreign oil imports, saving the country over NZ$7 billion each year by 2035. The number of people employed directly by the renewable electricity and heating industries will soar, says the report, from under 5,000 in 2010 to over 10,000 in 2030. And, as these are only the people directly employed, the actual overall employment boost to the country’s economy will be far higher, as suppliers and associated sectors also get a lift. For example, using New Zealand’s forest crops to create a bioenergy sector would not only save billions of dollars in oil imports, but could also generate 27,000 jobs. The report, called The Future is Here: New Jobs, New Prosperity and a New Clean Economy warns that other countries are also vying to become ‘leaders in this new global clean technology economy’ as a ‘global clean energy race is underway’. New Zealand has, the report states, ‘the natural resources and people’ to create ‘huge wealth…by creating an economy based on 100% renewable energy, energy efficiency and sustainable transport.’ The report is timely as the Forest Industry Engineering Association is running its biennial wood energy conference series - RESIDUES TO REVENUES & CLEANTECH 2013 INDUSTRY DEVELOPMENTS" in April in Auckland and Melbourne. Check out www.woodresiduesevents.com for details and to register - early bird rates still apply! | ||
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