According to researchers Brookings and Battelle, green jobs offer 20% higher wages across the US, with median wages at $46,343 compared to $38,616. In an article by USA today, "total jobs across the clean-tech sector now outpace those of the oil industry and are double those of the biosciences industry". This is part of their profile of a report recently released by the Brookings Institution. In this report, Brookings urged federal government policy makers to enforce strict tax policies on carbon emissions from pollution and energy production, to create a national clean-energy plan for standards for electricity and to create a uniform policy on clean-energy federal subsidies.
Until now, venture capital has made major contributions to this sector with worldwide investment totals at $154 billion in 2010. Brookings insists that this will be insufficient for the future, and that there is "no existing U.S. institution that is willing to provide funding at the levels needed," Rothwell says. "Banks are the most appropriate lending institution for this, and few of them will take the risk."
For the USA Today Article, go here.