New Energy Will Grow Global Energy Sector Jobs
Meeting well-below 2°C target would increase energy sector jobs globally
Sandeep Pai, Johannes Emmerling, et. al., June 2021 (One Earth)
“…To keep global warming well-below 2°C [WB2C], fossil fuels need to dramatically decline and be replaced by low-carbon energy sources. While the technologies to replace fossil fuels are widely available, support for their expansion is often linked to the impact they have on fossil fuel jobs…We find that, by 2050, jobs in the energy sector would grow from today's 18 million to 21 million in the reference scenario…In a 2050, well-below 2°C scenario, 84% of total jobs] would be renewable jobs, 11% fossil fuels, and 5% nuclear jobs….
While fossil fuel extraction jobs rapidly decline, these losses are compensated by gains in solar and wind jobs, particularly in the solar and wind manufacturing sector…[These projections are based on] a global dataset of job intensities across 11 energy technologies and five job categories in 50 countries with an integrated assessment model under [SSP2, where socioeconomic trends and technological change follow historical trends, SSP3, where fossil fuels challenge climate change mitigation, and sustainable SSP1]socioeconomic pathways…” click here for more