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If you still doubt that the next bubble will be green, check out the latest from California. Green and clean technology gigs surged 36% from 1995 to 2008, beating the state's overall 13% job-growth rate for the same period, according to Silicon Valley-based research firm Collaborative Economics. Since California's on the leading edge of this sector, many see it as a sign of things to come for the rest of the country.
As of January 2008, there were only 159,000 green jobs in California, less than 1% of the state's total, following year-over-year growth of 5%. But, during that same period, total jobs in the state dropped 1%, suggesting that jobs in sustainability just might be more sustainable. Though these may seem like small numbers, keep in mind that the green sector job market is twice the size of the state's biotech presence and two-thirds the size of the software industry.
The San Francisco Bay area leads the state in the generation of green energy, most of it solar, and San Diego is showing strength in co-generation technologies -- e.g., turning waste heat into energy. Los Angeles and Orange County have demonstrated progress in the green transportation sector, which includes electric vehicles. Simply, there are green and clean jobs all over the state, unlike biotech and high tech, which tend to cluster.
The green transportation sector is the region's star, posting a growth rate of 125% from 1995 to 2008, reaching 4,300 positions. Energy generation grew 61% to 26,000, and jobs in the energy efficiency sector climbed 63% to 7,532.
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