US green economy has 10 times more jobs than the fossil fuel industry | New Scientist

The green economy has grown so much in the US that it employs around 10 times as many people as the fossil fuel industry – despite the past decade’s oil and gas boom.

The fossil fuel sector, from coal mines to gas power plants, employed around 900,000 people in the US in 2015-16, government figures show. But Lucien Georgeson and Mark Maslin at University College London found that over the same period this was vastly outweighed by the green economy, which provided nearly 9.5 million jobs, or 4 per cent of the working age population. The pair defined the green economy broadly, covering everything from renewable energy to environmental consultancy.

Their analysis showed the green economy is worth $1.3 trillion, or about 7 per cent of US GDP.The figures don’t cover the presidency of Donald Trump, who promised to protect coal mining jobs and exploit oil and gas resources. But Maslin says the figures show that Trump’s policy is economically misguided.

Source: US green economy has 10 times more jobs than the fossil fuel industry | New Scientist


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