New Climate Rules Will Spur New Jobs

While coal miners will find their jobs gone very shortly, even more new jobs installing and servicing solar installations will be created. How Obama’s Climate Rule Could Change The U.S. Job Market explains: The only credible estimate based on the EPA’s actual policy comes from the EPA, which projected the coal extraction industry would see losses of 11,500 to 14,300 jobs from 2017 to 2020 as a result of the new rule. However, it also projected jobs in renewable energy capacity construction would see increases of 15,800 to 19,100 over the same time period. The EPA also estimated there would be 76,200 to 112,000 jobs created solely by the energy efficiency sector in 2025. The numbers are dependent on how states’ choose to lower their emissions. That’s a good sign that renewable jobs gained will eventually outnumber coal jobs lost, and green energy industry players have the same indication. “It looks like the rule will have a positive impact on renewable energy development,” said Todd Foley, the senior vice president of the American Council on Renewable Energy. “The regulatory impact analysis EPA has done demonstrates that the rule will have a positive impact on additional renewable energy employment, so that implies that there will be additional investment in jobs associated with that.” Read more here . . . .

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