US DOE Report Reveals Uptick in Clean-Energy Jobs
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Posted On: 09/06/2024 5:15:33 PM
US DOE Report Reveals Uptick in Clean-Energy Jobs
A report from the U.S. Department of Energy (DOE) has revealed that there has been an uptick in green-energy jobs around the country. The recently released annual report found that the nascent industry’s employment opportunities are growing more than two times faster than the rest of the energy industry and overall economy.
Of the more than 250,000 energy jobs the United States added in 2023, the Department of Energy report said, 142,000 positions (56%) were in the clean-energy sector. A statement from U.S. secretary of energy Jennifer Granholm noted that the data shows the U.S. is not just retaining but gaining “good union jobs” as the country works to transition its mostly fossil-fuel economy to renewable energy and achieve carbon neutrality.
One of the counters to the green-energy transition is that it will drastically reduce the number of employment opportunities in the country by eliminating an industry that provides tens of thousands of Americans with a living. However, the DoE data indicates that the transition to renewable energy is providing additional employment opportunities, particularly for working-class employees.
On top of the 90,000 conventional energy-construction positions added in 2023, the Department of Energy found an additional 28,000 jobs that involve the construction of new solar module and battery factories, offshore wind ports and warehouses for the storage and transportation of renewable-energy products. These types of jobs will likely increase in number as America’s green-energy infrastructure expands.
The federal government has also done much to increase job opportunities in the fledgling green-energy industry. On top of investing billions of dollars in the industry via the 2022 Inflation Reduction law, President Joseph Biden announced the American Climate Corps in late 2023. This is a federal job-training program that will hire more than 20,000 young adults to plant trees, install solar panels, build trails and generally engage in efforts that further environmental conservation while reducing the risk of wildfires.
At the state and local level, officials are increasingly looking for opportunities to boost employment in the green-energy space. Illinois Governor JB Pritzker recently announced a multimillion-dollar investment that would help develop a green-energy workforce on the impoverished west and south sides of Chicago and create more than 3,000 solar-energy jobs over the next three years. In Brooklyn, New York, workshops are equipping electricians with the skills they need to take part in climate sustainability and resiliency-related projects.
As more people are hired within the clean-energy segment, it is likely that these individuals will be more inclined to make the switch to electric vehicles, such as those made by Mullen Automotive Inc. (NASDAQ: MULN), since it would be odd for them to be earning their income from green-energy sources and continue using ICE vehicles that pollute the environment.
NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN
Please see full terms of use and disclaimers on the GreenEnergyStocks website applicable to all content provided by GES, wherever published or re-published: https://www.greennrgstocks.com/Disclaimer
A report from the U.S. Department of Energy (DOE) has revealed that there has been an uptick in green-energy jobs around the country. The recently released annual report found that the nascent industry’s employment opportunities are growing more than two times faster than the rest of the energy industry and overall economy.
Of the more than 250,000 energy jobs the United States added in 2023, the Department of Energy report said, 142,000 positions (56%) were in the clean-energy sector. A statement from U.S. secretary of energy Jennifer Granholm noted that the data shows the U.S. is not just retaining but gaining “good union jobs” as the country works to transition its mostly fossil-fuel economy to renewable energy and achieve carbon neutrality.
One of the counters to the green-energy transition is that it will drastically reduce the number of employment opportunities in the country by eliminating an industry that provides tens of thousands of Americans with a living. However, the DoE data indicates that the transition to renewable energy is providing additional employment opportunities, particularly for working-class employees.
On top of the 90,000 conventional energy-construction positions added in 2023, the Department of Energy found an additional 28,000 jobs that involve the construction of new solar module and battery factories, offshore wind ports and warehouses for the storage and transportation of renewable-energy products. These types of jobs will likely increase in number as America’s green-energy infrastructure expands.
The federal government has also done much to increase job opportunities in the fledgling green-energy industry. On top of investing billions of dollars in the industry via the 2022 Inflation Reduction law, President Joseph Biden announced the American Climate Corps in late 2023. This is a federal job-training program that will hire more than 20,000 young adults to plant trees, install solar panels, build trails and generally engage in efforts that further environmental conservation while reducing the risk of wildfires.
At the state and local level, officials are increasingly looking for opportunities to boost employment in the green-energy space. Illinois Governor JB Pritzker recently announced a multimillion-dollar investment that would help develop a green-energy workforce on the impoverished west and south sides of Chicago and create more than 3,000 solar-energy jobs over the next three years. In Brooklyn, New York, workshops are equipping electricians with the skills they need to take part in climate sustainability and resiliency-related projects.
As more people are hired within the clean-energy segment, it is likely that these individuals will be more inclined to make the switch to electric vehicles, such as those made by Mullen Automotive Inc. (NASDAQ: MULN), since it would be odd for them to be earning their income from green-energy sources and continue using ICE vehicles that pollute the environment.
NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN
Please see full terms of use and disclaimers on the GreenEnergyStocks website applicable to all content provided by GES, wherever published or re-published: https://www.greennrgstocks.com/Disclaimer
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