"Just under 374,000 people were employed in solar
Post# of 22454
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Posted On: 06/02/2017 2:56:02 PM
"Just under 374,000 people were employed in solar energy, according to the report, while coal, gas and oil power generation combined had a workforce of slightly more than 187,000. " https://www.forbes.com/sites/niallmccarthy/20...e836792800
While solar provides less than 1%, coal+gas+oil provides almost 65% of electricity in the US. https://www.eia.gov/tools/faqs/faq.php?id=427&t=3
How do those jobs make sense? If the jobs only exist due to subsidies, maybe they shouldn't exist. In the long term, things tend to trend towards their true economic value. Nobody should be surprised at these jobs going away absent a technology breakthrough. If there is an economic reason for the jobs to exist, the private sector will gladly provide the jobs.
This may actually prove to be a good thing for QTMM. Without government subsidizing inferior technologies that can't survive on their own, those that can stand unsubsidized won't have to compete with technologies that are otherwise uncompetitive.
While solar provides less than 1%, coal+gas+oil provides almost 65% of electricity in the US. https://www.eia.gov/tools/faqs/faq.php?id=427&t=3
How do those jobs make sense? If the jobs only exist due to subsidies, maybe they shouldn't exist. In the long term, things tend to trend towards their true economic value. Nobody should be surprised at these jobs going away absent a technology breakthrough. If there is an economic reason for the jobs to exist, the private sector will gladly provide the jobs.
This may actually prove to be a good thing for QTMM. Without government subsidizing inferior technologies that can't survive on their own, those that can stand unsubsidized won't have to compete with technologies that are otherwise uncompetitive.
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(1)Quantum Materials Corp. (QTMM) Stock Research Links
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