US green economy has 10 times more jobs than the fossil fuel industry
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 Trump administration with the ‘America first’ approach of ‘fossil fuels are good’, is stupid when it comes to economics. … Maslin and Georgeson used a much broader set of 26 sub-sectors including wind and solar power, marine pollution controls, carbon capture, biodiversity and air pollution. Maslin says the figures have been underestimated in the past, partly because the green economy is so diffuse.