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Thanks for doing the math for me. It proves an ec

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Post# of 22465
(Total Views: 298)
Posted On: 06/02/2017 3:37:58 PM
Posted By: jamis
Re: Banoffee #6521
Thanks for doing the math for me. It proves an economic point.

If 374,000 jobs make up on 1% of the energy production and 187,000 jobs make up 65% fossil, then as solar becomes cheaper to produce, which market will provide Americans with more jobs? Which market now provides more jobs?

Solar
1% = 374,000 jobs

Fossil
65% = 187,000 jobs
1% = 2877 jobs

That is more than a 6500 times the number of job opportunities as we shift to renewable energy that will eventually be cheaper than fossil! That's assuming that economies of scale don't reduce the ratio of jobs for solar, which it will. This means we could have an additional 24 million jobs in the US. That's a whole lot more than 187,000.

Want to talk any other economic principles while we're at it?


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