Clean energy industry faces loss of a half million jobs
The beatings will continue until morale improves: The clean energy sector faces the loss of a half million jobs due to Wuhan panic and government-imposed shut downs.
The coronavirus crisis is cutting a savage swath through the U.S. clean energy industry – some 106,000 jobs in the sector vanished in the month of March alone as demand evaporated amid nationwide stay-at-home orders Moreover, that one-month job loss was greater than what the industry gained in jobs in all of 2019.
By June of this year, the clean energy sector may lose up to 500,000 jobs – or 15% of the country’s entire clean energy workforce — according to a study by clean energy advocacy group E2 (Environmental Entrepreneurs), in cooperation with the American Council on Renewable Energy, E4TheFuture and BW Research Partnership.
Let me repeat: More jobs vanished in just March than were created in all of last year.
If the states don’t start reopening soon, this will just be the beginning.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
The beatings will continue until morale improves: The clean energy sector faces the loss of a half million jobs due to Wuhan panic and government-imposed shut downs.
The coronavirus crisis is cutting a savage swath through the U.S. clean energy industry – some 106,000 jobs in the sector vanished in the month of March alone as demand evaporated amid nationwide stay-at-home orders Moreover, that one-month job loss was greater than what the industry gained in jobs in all of 2019.
By June of this year, the clean energy sector may lose up to 500,000 jobs – or 15% of the country’s entire clean energy workforce — according to a study by clean energy advocacy group E2 (Environmental Entrepreneurs), in cooperation with the American Council on Renewable Energy, E4TheFuture and BW Research Partnership.
Let me repeat: More jobs vanished in just March than were created in all of last year.
If the states don’t start reopening soon, this will just be the beginning.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Hell of a jobs program you got there. Would be a shame for something to mess it up.
“It said the number of workers in the sector is more than three times the number employed by the fossil fuel industry.”
Fossil fuel energy production still accounts for 80% of the generation in the US, green energy the remaining 20%, but you need 3/4 of the generation workforce to man that 20%. Freaking brilliant.
https://www.powermag.com/clean-energy-sector-sheds-106000-jobs-in-march/
Not so strange when you consider that one industry is mature while the other is still developing. (To take an analogy to the extreme, how much of Intel’s budget goes into production of its current generation of CPUs vs. the development of subsequent generations, and what are their respective revenues?)
Subsidies certainly have an effect, but they don’t tell the entire story.
CHOOSE HOW YOU WANT TO LIVE OR DIE
If you remember I told about a local 3 electrician I know who was on unemployment, $500 per week, AND as a part of this government attempt to “Help” he, and I know several others in the same boat, receive another $600 per week. So these guys are making $1100.00 per week, netting $4400.00 per month to stay home. All hard working guys. (And I know being a Local 3 electrician may not translate throughout the country)
Q: These highly trained people from all over the country who build, maintain and make everything run, like those in the energy field, who might also be compensated in a similar manner, how are the company’s that survive going to get them back to work in a timely manner?
They essentially are justifiably out for the next 5 to 6 months?
All the government can generally do is throw other people money at a problem and hope for the best. Lets be hopeful that Trump sees this in a different way and manages things as needed rather than allowing the swamp dwelling, paper pushers and desk pilots in Congress from “Helping” and managing things in the way that they tend to do.
So there IS a silver lining.