Clean-Energy Jobs Surpass Oil Drilling for First Time in U.S. Source: Bloomberg The number of U.S.

[ScienceRocks]

Clean-Energy Jobs Surpass Oil Drilling for First Time in U.S.

Source: Bloomberg

The number of U.S. jobs in solar energy overtook those in oil and natural gas extraction for the first time last year, helping drive a global surge in employment in the clean-energy business as fossil-fuel companies faltered.

Employment in the U.S. solar business grew 12 times faster than overall job creation, the International Renewable Energy Agency said in a report on Wednesday. About 8.1 million people worldwide had jobs in the clean energy in 2015, up from 7.7 million in 2014, according to the industry group based in Abu Dhabi.

Fed by state initiatives to spur clean energy and innovative financing measures offered by companies such as SolarCity Corp., developers are adding workers at record rates to install rooftop panels. Oil and gas producers by contrast have slashed 351,410 jobs worldwide since prices began to slide in the middle of 2014, according to Houston-based Graves & Co.

“The continued job growth in the renewable energy sector is significant because it stands in contrast to trends across the energy sector,” said Adnan Amin, director-general of Irena, which is based in Abu Dhabi. “This increase is being driven by declining renewable energy technology costs and enabling policy frameworks. We expect this to continue as the case for renewables strengthens and countries move to achieve climate targets.”

Read more: Clean-Energy Jobs Surpass Oil Drilling for First Time in U.S.


Shell Cuts 2,200 More Jobs to Withstand Lower-for-Longer Oil

Royal Dutch Shell Plc will cut 2,200 more jobs, taking the tally of losses to 12,500 from 2015 to 2016 as Europe’s biggest oil producer continues to adjust to the slump in prices.

At least 5,000 jobs will be cut this year, the company said in an e-mailed statement. These reductions are in response to oil prices staying “lower for longer,” and a result of the acquisition of BG Group Plc earlier this year, said Paul Goodfellow, Shell’s vice president for the U.K. and Ireland. Shell and BG employed about 94,600 people at the end of 2015.

“These are tough times for our industry,” Goodfellow said in the statement. “We have to take further difficult decisions to ensure Shell remains competitive through the current prolonged downturn.”

The industry is cutting deeper despite oil’s 80 percent recovery since January. Prices remain about half the level of two years ago and producers’ earnings have been pummeled, credit ratings cut and borrowings increased to maintain dividend payouts. To help protect their balance sheets, companies have deferred or canceled billions of dollars of projects, renegotiated contracts with suppliers and eliminated thousands of jobs.

“Oil has recovered but is still below $50 and companies aren’t able to cover their dividends at that level,” said Jason Gammel, a London-based analyst at Jefferies International Ltd. “They are doing all they can and more cost-cutting measures are likely.”

more...

Shell Cuts 2,200 More Jobs to Withstand Lower-for-Longer Oil

Hell, investment into America built our freeways, highways, dams, invented the internet, and now makes solar a super employer! Loserterianism...Just keeps losing and losing! Too bad there's so many brainwashed assholes in this country. Yes, go ahead and attack solar idiots! It will lift the unemployment rate up 2-3% when you do and probably send us into a recession.

 

[SassyIrishLass]

As soon as oil rises that trend will reverse....and oil will rise

 

[Fenton Lum]

As soon as oil rises that trend will reverse....and oil will rise

We'll have to put big oil in it's propper place just like we had to do with tobacco.

 

[Slave2the$]

As soon as oil rises that trend will reverse....and oil will rise

We'll have to put big oil in it's propper place just like we had to do with tobacco.

No one loves oil and gas and we all wish everything could run on solar and wind. But oil and gas will be around until it runs out.

 

[westwall]

Clean-Energy Jobs Surpass Oil Drilling for First Time in U.S.

Source: Bloomberg

The number of U.S. jobs in solar energy overtook those in oil and natural gas extraction for the first time last year, helping drive a global surge in employment in the clean-energy business as fossil-fuel companies faltered.

Employment in the U.S. solar business grew 12 times faster than overall job creation, the International Renewable Energy Agency said in a report on Wednesday. About 8.1 million people worldwide had jobs in the clean energy in 2015, up from 7.7 million in 2014, according to the industry group based in Abu Dhabi.

Fed by state initiatives to spur clean energy and innovative financing measures offered by companies such as SolarCity Corp., developers are adding workers at record rates to install rooftop panels. Oil and gas producers by contrast have slashed 351,410 jobs worldwide since prices began to slide in the middle of 2014, according to Houston-based Graves & Co.

“The continued job growth in the renewable energy sector is significant because it stands in contrast to trends across the energy sector,” said Adnan Amin, director-general of Irena, which is based in Abu Dhabi. “This increase is being driven by declining renewable energy technology costs and enabling policy frameworks. We expect this to continue as the case for renewables strengthens and countries move to achieve climate targets.”

Read more: Clean-Energy Jobs Surpass Oil Drilling for First Time in U.S.


Shell Cuts 2,200 More Jobs to Withstand Lower-for-Longer Oil

Royal Dutch Shell Plc will cut 2,200 more jobs, taking the tally of losses to 12,500 from 2015 to 2016 as Europe’s biggest oil producer continues to adjust to the slump in prices.

At least 5,000 jobs will be cut this year, the company said in an e-mailed statement. These reductions are in response to oil prices staying “lower for longer,” and a result of the acquisition of BG Group Plc earlier this year, said Paul Goodfellow, Shell’s vice president for the U.K. and Ireland. Shell and BG employed about 94,600 people at the end of 2015.

“These are tough times for our industry,” Goodfellow said in the statement. “We have to take further difficult decisions to ensure Shell remains competitive through the current prolonged downturn.”

The industry is cutting deeper despite oil’s 80 percent recovery since January. Prices remain about half the level of two years ago and producers’ earnings have been pummeled, credit ratings cut and borrowings increased to maintain dividend payouts. To help protect their balance sheets, companies have deferred or canceled billions of dollars of projects, renegotiated contracts with suppliers and eliminated thousands of jobs.

“Oil has recovered but is still below $50 and companies aren’t able to cover their dividends at that level,” said Jason Gammel, a London-based analyst at Jefferies International Ltd. “They are doing all they can and more cost-cutting measures are likely.”

more...

Shell Cuts 2,200 More Jobs to Withstand Lower-for-Longer Oil

Hell, investment into America built our freeways, highways, dams, invented the internet, and now makes solar a super employer! Loserterianism...Just keeps losing and losing! Too bad there's so many brainwashed assholes in this country. Yes, go ahead and attack solar idiots! It will lift the unemployment rate up 2-3% when you do and probably send us into a recession.

That's because renewables are less efficient. The oil extraction business is well developed and extremely efficient. Thus fewer people are needed. That's why gas prices are so low.

 

[Fenton Lum]

As soon as oil rises that trend will reverse....and oil will rise

We'll have to put big oil in it's propper place just like we had to do with tobacco.

No one loves oil and gas and we all wish everything could run on solar and wind. But oil and gas will be around until it runs out.

Until it runs out of where it's relatively easy, inexpensive enough, and convenient to get to. We're running up against the end of that era. I did marine seismic oil exploration back in the 80's. When you're dipping into tar sands, lobbying your ass off to influence legislation, propagandizing against science, etc., big oil knows where it's at. Will it do all it can to wring as much out of us and the planet as it can for as long as it can? Sure. Question is will we still feel like we need to annex the middle east and engage in that expense once we've moved on to other energy.

 

[westwall]

As soon as oil rises that trend will reverse....and oil will rise

We'll have to put big oil in it's propper place just like we had to do with tobacco.

No one loves oil and gas and we all wish everything could run on solar and wind. But oil and gas will be around until it runs out.

Until it runs out of where it's relatively easy, inexpensive enough, and convenient to get to. We're running up against the end of that era. I did marine seismic oil exploration back in the 80's. When you're dipping into tar sands, lobbying your ass off to influence legislation, propagandizing against science, etc., big oil knows where it's at. Will it do all it can to wring as much out of us and the planet as it can for as long as it can? Sure. Question is will we still feel like we need to annex the middle east and engage in that expense once we've moved on to other energy.

Yeppers, they have been bleating about "Peak Oil" for decades. Hell over a century now. And the reality is there are now more proven oil reserves than there were 50 years ago.

 

[Fenton Lum]

As soon as oil rises that trend will reverse....and oil will rise

We'll have to put big oil in it's propper place just like we had to do with tobacco.

No one loves oil and gas and we all wish everything could run on solar and wind. But oil and gas will be around until it runs out.

Until it runs out of where it's relatively easy, inexpensive enough, and convenient to get to. We're running up against the end of that era. I did marine seismic oil exploration back in the 80's. When you're dipping into tar sands, lobbying your ass off to influence legislation, propagandizing against science, etc., big oil knows where it's at. Will it do all it can to wring as much out of us and the planet as it can for as long as it can? Sure. Question is will we still feel like we need to annex the middle east and engage in that expense once we've moved on to other energy.

Yeppers, they have been bleating about "Peak Oil" for decades. Hell over a century now. And the reality is there are now more proven oil reserves than there were 50 years ago.

Ok, well just keep on then, nevermind.

 

[SassyIrishLass]

As soon as oil rises that trend will reverse....and oil will rise

We'll have to put big oil in it's propper place just like we had to do with tobacco.

No one loves oil and gas and we all wish everything could run on solar and wind. But oil and gas will be around until it runs out.

Until it runs out of where it's relatively easy, inexpensive enough, and convenient to get to. We're running up against the end of that era. I did marine seismic oil exploration back in the 80's. When you're dipping into tar sands, lobbying your ass off to influence legislation, propagandizing against science, etc., big oil knows where it's at. Will it do all it can to wring as much out of us and the planet as it can for as long as it can? Sure. Question is will we still feel like we need to annex the middle east and engage in that expense once we've moved on to other energy.

Yeppers, they have been bleating about "Peak Oil" for decades. Hell over a century now. And the reality is there are now more proven oil reserves than there were 50 years ago.

I invest in almost 80% energy, with co2 enhanced oil recovery oil reserves rise dramatically. The left loves to quote Hubbert's numbers as around 50 years but Hubbert also said oil production would peak around 1995....since then production has been up around 33%. The industry is constantly developing new ways to extract oil and fields that were once considered dead are being reopened. Oil is king, that and natural gas....and will be for the foreseeable future

 

[Fenton Lum]

As soon as oil rises that trend will reverse....and oil will rise

We'll have to put big oil in it's propper place just like we had to do with tobacco.

No one loves oil and gas and we all wish everything could run on solar and wind. But oil and gas will be around until it runs out.

Until it runs out of where it's relatively easy, inexpensive enough, and convenient to get to. We're running up against the end of that era. I did marine seismic oil exploration back in the 80's. When you're dipping into tar sands, lobbying your ass off to influence legislation, propagandizing against science, etc., big oil knows where it's at. Will it do all it can to wring as much out of us and the planet as it can for as long as it can? Sure. Question is will we still feel like we need to annex the middle east and engage in that expense once we've moved on to other energy.

Yeppers, they have been bleating about "Peak Oil" for decades. Hell over a century now. And the reality is there are now more proven oil reserves than there were 50 years ago.

I invest in almost 80% energy, with co2 enhanced oil recovery oil reserves rise dramatically. The left loves to quote Hubbert's numbers as around 50 years but Hubbert also said oil production would peak around 1995....since then production has been up around 33%. The industry is constantly developing new ways to extract oil and fields that were once considered dead are being reopened. Oil is king, that and natural gas....and will be for the foreseeable future

And we'll be at endless war to maintain it.

 

[westwall]

We'll have to put big oil in it's propper place just like we had to do with tobacco.

No one loves oil and gas and we all wish everything could run on solar and wind. But oil and gas will be around until it runs out.

Until it runs out of where it's relatively easy, inexpensive enough, and convenient to get to. We're running up against the end of that era. I did marine seismic oil exploration back in the 80's. When you're dipping into tar sands, lobbying your ass off to influence legislation, propagandizing against science, etc., big oil knows where it's at. Will it do all it can to wring as much out of us and the planet as it can for as long as it can? Sure. Question is will we still feel like we need to annex the middle east and engage in that expense once we've moved on to other energy.

Yeppers, they have been bleating about "Peak Oil" for decades. Hell over a century now. And the reality is there are now more proven oil reserves than there were 50 years ago.

I invest in almost 80% energy, with co2 enhanced oil recovery oil reserves rise dramatically. The left loves to quote Hubbert's numbers as around 50 years but Hubbert also said oil production would peak around 1995....since then production has been up around 33%. The industry is constantly developing new ways to extract oil and fields that were once considered dead are being reopened. Oil is king, that and natural gas....and will be for the foreseeable future

And we'll be at endless war to maintain it.

Nope. Endless war is a certainty as environmentalist nutjobs decide to let people starve instead of creating cheap abundant energy to help feed them.

 

[Fenton Lum]

No one loves oil and gas and we all wish everything could run on solar and wind. But oil and gas will be around until it runs out.

Until it runs out of where it's relatively easy, inexpensive enough, and convenient to get to. We're running up against the end of that era. I did marine seismic oil exploration back in the 80's. When you're dipping into tar sands, lobbying your ass off to influence legislation, propagandizing against science, etc., big oil knows where it's at. Will it do all it can to wring as much out of us and the planet as it can for as long as it can? Sure. Question is will we still feel like we need to annex the middle east and engage in that expense once we've moved on to other energy.

Yeppers, they have been bleating about "Peak Oil" for decades. Hell over a century now. And the reality is there are now more proven oil reserves than there were 50 years ago.

I invest in almost 80% energy, with co2 enhanced oil recovery oil reserves rise dramatically. The left loves to quote Hubbert's numbers as around 50 years but Hubbert also said oil production would peak around 1995....since then production has been up around 33%. The industry is constantly developing new ways to extract oil and fields that were once considered dead are being reopened. Oil is king, that and natural gas....and will be for the foreseeable future

And we'll be at endless war to maintain it.

Nope. Endless war is a certainty as environmentalist nutjobs decide to let people starve instead of creating cheap abundant energy to help feed them.

No one's worried about anyone in the middle east starving.

 

[westwall]

Until it runs out of where it's relatively easy, inexpensive enough, and convenient to get to. We're running up against the end of that era. I did marine seismic oil exploration back in the 80's. When you're dipping into tar sands, lobbying your ass off to influence legislation, propagandizing against science, etc., big oil knows where it's at. Will it do all it can to wring as much out of us and the planet as it can for as long as it can? Sure. Question is will we still feel like we need to annex the middle east and engage in that expense once we've moved on to other energy.

Yeppers, they have been bleating about "Peak Oil" for decades. Hell over a century now. And the reality is there are now more proven oil reserves than there were 50 years ago.

I invest in almost 80% energy, with co2 enhanced oil recovery oil reserves rise dramatically. The left loves to quote Hubbert's numbers as around 50 years but Hubbert also said oil production would peak around 1995....since then production has been up around 33%. The industry is constantly developing new ways to extract oil and fields that were once considered dead are being reopened. Oil is king, that and natural gas....and will be for the foreseeable future

And we'll be at endless war to maintain it.

Nope. Endless war is a certainty as environmentalist nutjobs decide to let people starve instead of creating cheap abundant energy to help feed them.

No one's worried about anyone in the middle east starving.

Certainly you enviro whacko's aren't. Hell there was even a thread by one of you nutjobs advocating murdering anyone with a brown skin to save the planet. That's how fucked up you people are.

 

[Fenton Lum]

Yeppers, they have been bleating about "Peak Oil" for decades. Hell over a century now. And the reality is there are now more proven oil reserves than there were 50 years ago.

I invest in almost 80% energy, with co2 enhanced oil recovery oil reserves rise dramatically. The left loves to quote Hubbert's numbers as around 50 years but Hubbert also said oil production would peak around 1995....since then production has been up around 33%. The industry is constantly developing new ways to extract oil and fields that were once considered dead are being reopened. Oil is king, that and natural gas....and will be for the foreseeable future

And we'll be at endless war to maintain it.

Nope. Endless war is a certainty as environmentalist nutjobs decide to let people starve instead of creating cheap abundant energy to help feed them.

No one's worried about anyone in the middle east starving.

Certainly you enviro whacko's aren't. Hell there was even a thread by one of you nutjobs advocating murdering anyone with a brown skin to save the planet. That's how fucked up you people are.

Jesus. You know everything don't you.

 

[westwall]

I invest in almost 80% energy, with co2 enhanced oil recovery oil reserves rise dramatically. The left loves to quote Hubbert's numbers as around 50 years but Hubbert also said oil production would peak around 1995....since then production has been up around 33%. The industry is constantly developing new ways to extract oil and fields that were once considered dead are being reopened. Oil is king, that and natural gas....and will be for the foreseeable future

And we'll be at endless war to maintain it.

Nope. Endless war is a certainty as environmentalist nutjobs decide to let people starve instead of creating cheap abundant energy to help feed them.

No one's worried about anyone in the middle east starving.

Certainly you enviro whacko's aren't. Hell there was even a thread by one of you nutjobs advocating murdering anyone with a brown skin to save the planet. That's how fucked up you people are.

Jesus. You know everything don't you.

I certainly know more than you ever will. Yes.

 

[Fenton Lum]

And we'll be at endless war to maintain it.

Nope. Endless war is a certainty as environmentalist nutjobs decide to let people starve instead of creating cheap abundant energy to help feed them.

No one's worried about anyone in the middle east starving.

Certainly you enviro whacko's aren't. Hell there was even a thread by one of you nutjobs advocating murdering anyone with a brown skin to save the planet. That's how fucked up you people are.

Jesus. You know everything don't you.

I certainly know more than you ever will. Yes.

Nah, I mean more like you know everything about anyone's views and allegiances and what predefined category you’re going to pigeon hole them into after a few syllables.

 

[westwall]

Nope. Endless war is a certainty as environmentalist nutjobs decide to let people starve instead of creating cheap abundant energy to help feed them.

No one's worried about anyone in the middle east starving.

Certainly you enviro whacko's aren't. Hell there was even a thread by one of you nutjobs advocating murdering anyone with a brown skin to save the planet. That's how fucked up you people are.

Jesus. You know everything don't you.

I certainly know more than you ever will. Yes.

Nah, I mean more like you know everything about anyone's views and allegiances and what predefined category you’re going to pigeon hole them into after a few syllables.

Yes. With enviro whacko's it is comparatively easy. You all parrot the same.

 

[Fenton Lum]

No one's worried about anyone in the middle east starving.

Certainly you enviro whacko's aren't. Hell there was even a thread by one of you nutjobs advocating murdering anyone with a brown skin to save the planet. That's how fucked up you people are.

Jesus. You know everything don't you.

I certainly know more than you ever will. Yes.

Nah, I mean more like you know everything about anyone's views and allegiances and what predefined category you’re going to pigeon hole them into after a few syllables.

Yes. With enviro whacko's it is comparatively easy. You all parrot the same.

Sure, I could tell you were really deep like that.

 

[westwall]

Certainly you enviro whacko's aren't. Hell there was even a thread by one of you nutjobs advocating murdering anyone with a brown skin to save the planet. That's how fucked up you people are.

Jesus. You know everything don't you.

I certainly know more than you ever will. Yes.

Nah, I mean more like you know everything about anyone's views and allegiances and what predefined category you’re going to pigeon hole them into after a few syllables.

Yes. With enviro whacko's it is comparatively easy. You all parrot the same.

Sure, I could tell you were really deep like that.

Like I said. You all are simply one trick ponies. I actually read books and things like that to educate myself. It's amazing what one can learn if one actually tries.

 

[Fenton Lum]

Jesus. You know everything don't you.

I certainly know more than you ever will. Yes.

Nah, I mean more like you know everything about anyone's views and allegiances and what predefined category you’re going to pigeon hole them into after a few syllables.

Yes. With enviro whacko's it is comparatively easy. You all parrot the same.

Sure, I could tell you were really deep like that.

Like I said. You all are simply one trick ponies. I actually read books and things like that to educate myself. It's amazing what one can learn if one actually tries.

That may be your interpretation of yourself.