Van Nuys, CA (PRWEB) August 5, 2009
The US economy is no longer at a dead end, as green industry and companies are paving the way for a green future.
CA is currently the leading state in the nation's green jobs economy. In 2007 alone, clean energy spurred the opening of 10,209 businesses with 125,390 jobs in the Golden State, according to a report by the Pew Charitable Trusts.
US Biofuels, a CA green company, is striving to keep CA in the lead and green innovations on the rise. Taking the lead in algae research and development, US Biofuels plans to produce 50 million gallons of biodiesel fuel within the next five years. So far through the process of research and development US Biofuels has provided well paying green jobs to more than 60 people and with continuous growth and expansion the jobs will just continue grow, along with the green industry.
US Biofuels is not limiting biofuel production to just general transportation like many other algae biofuel producers, with a research and development team that is currently working on the production of algae for aviation and marine fuel. With limited competition US Biofuels is currently a leading key player in such research and production.
US Biofuels is not only producing green, but is operating green by renovating and constructing all plants and greenhouses to be solely green operated. The company recently acquired acreage containing multiple greenhouses in Sun Valley, CA with these greenhouses undergoing refurbishing in the coming months and coming fully on line by the end of the year. Once completed US Biofuels looks forward to producing almost five million gallons of biodiesel within the first year of operation alone. By 2012 that number will double to over 10 million gallons, as the companies production grows. And by 2015 US Biofuels plans to produce over 50 million gallons from all plants combined, creating a successful biodiesel company and reducing the areas carbon output.
Even in the current economic downturn, investments in venture capital projects such as energy efficiency programs and renewable energy are expected to continue expanding, fueled by billions of dollars in federal economic recovery grants, the research foundation predicted in its "Clean Energy Economy" report.
According to Planetsave, "In 2008, investors directed $5.9 billion into American businesses in the clean energy economy, a figure that represents a 48 percent increase over 2007 investment totals and accounts for 15 percent of all global venture capital investments."
The UN environmental agency has called on governments to strive to invest in "greening" their economy, saying re-focusing the global economy towards investments in clean technologies and "natural" infrastructure has the potential for higher returns.
In a recent interview, UN Environment Program (UNEP) Executive Director Achim Steiner said governments should move rapidly towards a green economy and low carbon projects as part of efforts to revive the world economy from its current slowdown and create millions of jobs.
With our President and world leaders behind the green industry, green companies like US Biofuels are destined for success, making green investments nothing less than a great opportunity to not only gain our economy back, but more importantly to make a lasting difference in this world and save ourselves from self-destruction.