Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK.
- Over the pandemic, hundreds of thousands of people in the energy industry lost their jobs, but now energy employment is getting a major boost from the Inflation Reduction Act.
- The act, which was passed last month, is expected to create over half a million clean energy jobs, adding to the revival of energy employment.
- One of the big problems facing the clean energy sector now is a lack of skilled workers, and while fossil fuel workers could transition across, there is high demand for labor in that sector as well.
With hundreds of thousands of energy jobs lost worldwide during the pandemic, there have been huge worries about the future of energy sector employment, especially due to all this talk about a shift away from fossil fuels. However, the recent impetus for renewable energy growth and the introduction of climate policies around the world are expected to spur the growth of renewable energy jobs for decades to come. Following the passing of the Inflation Reduction Act last month, the U.S. renewable energy employment sector is suddenly booming. Companies that were anticipating moderate expansion are now looking to grow their workforce more rapidly, as the new act supports the fight against climate change and the growth of the green economy. The new law provides $400 billion over the next decade to speed up...
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