News

 10.24.16/
Article

Energy Choice Ballot Question Would Create Thousands Of Jobs, Analysis Shows

Las Vegas Review Journal, Sean Whaley

The Nov. 8 bal­lot mea­sure pro­pos­es to cre­ate “an open, well-reg­u­lat­ed elec­tric­i­ty mar­ket in Nevada.”

The con­sti­tu­tion­al amend­ment would have to pass this year and again in 2018 before it could begin to take effect.

The study was con­duct­ed by Neva­da econ­o­mist John Restre­po and his firm, RCG Eco­nom­ics, in col­lab­o­ra­tion with UNLV econ­o­mist Dr. Alan Schlottmann on behalf of Nevadans for Afford­able Clean Ener­gy Choic­es, the group back­ing the measure.

Among The Findings

— If Ques­tion 3 pass­es, Neva­da could see an increase of near­ly 38,000 clean ener­gy jobs (from 25,600 in 2016 to 63,486 in 2033). Even a con­ser­v­a­tive 5 per­cent growth fore­cast shows a job increase of 63 per­cent over a 10-year period.

— Each new util­i­ty scale renew­able ener­gy project would cre­ate as many as 10,796 con­struc­tion phase jobs — 2,133 jobs for a 100 megawatt facil­i­ty, 10,796 jobs for a 550 megawatt facility.

— Neva­da could real­ize an addi­tion­al three to four indi­rect jobs for every new clean ener­gy job created.

Ques­tion 3 is a tremen­dous way for thou­sands of Nevadans from a wide vari­ety of back­grounds to bet­ter their lives,” Restre­po said. “The Governor’s Office of Eco­nom­ic Devel­op­ment fore­cast­ed a loss of jobs in the clean ener­gy sec­tor in a 2015 report. Our analy­sis indi­cates Ques­tion 3 could not only help Neva­da regain these lost jobs, but add thou­sands more.”

Sup­port­ers, includ­ing the Las Vegas Sands, the pri­ma­ry finan­cial backer of the ini­tia­tive peti­tion, Tes­la, Switch and oth­ers, said the report shows that it will sig­nif­i­cant­ly grow Nevada’s clean ener­gy econ­o­my and spur eco­nom­ic devel­op­ment in ways that can­not be real­ized under cur­rent, anti­quat­ed ener­gy policies.

Ques­tion 3 is opposed by the Neva­da State AFL-CIO and the Culi­nary Local 226. The groups argue res­i­den­tial cus­tomers will not ben­e­fit from the pro­pos­al to let them choose their elec­tric ser­vice providers by no lat­er than 2023.

 

Back to all posts