Beijing will create 13 million jobs by 2020, investing $360 billion in clean energy, while Trump vows to abandon the sector.
China is preparing to go big on the only major new source of sustainable high-wage employment in the coming decades.
Beijing’s newest 5-year energy development plan invests a stunning 2.5 trillion yuan ($360 billion) in renewable generation by 2020. Of that, $144 billion will go to solar, about $100 billion to wind, $70 billion to hydropower, and the rest to sources like tidal and geothermal power.
The Chinese National Energy Administration said in a statement Thursdaythe resulting “employment will be more than 13 million people.”
China is already doing way better than the U.S. in this regard, and President-elect Trump’s commitment to opposing clean energy will not make things any better. As the International Renewable Energy Agency (IRENA) reported last year, China already has over 40 percent of all jobs in renewables, globally, while the U.S. has under 10 percent (see chart above).
We know clean energy jobs are the only major new source of sustainable high-wage employment in the coming decades for several reasons.
More: Trump to cede millions of high-wage jobs to China
Why is Trump abandoning clean energy for dirty coal? Sounds like we should learn to speak Chinese.
China is preparing to go big on the only major new source of sustainable high-wage employment in the coming decades.
Beijing’s newest 5-year energy development plan invests a stunning 2.5 trillion yuan ($360 billion) in renewable generation by 2020. Of that, $144 billion will go to solar, about $100 billion to wind, $70 billion to hydropower, and the rest to sources like tidal and geothermal power.
The Chinese National Energy Administration said in a statement Thursdaythe resulting “employment will be more than 13 million people.”
China is already doing way better than the U.S. in this regard, and President-elect Trump’s commitment to opposing clean energy will not make things any better. As the International Renewable Energy Agency (IRENA) reported last year, China already has over 40 percent of all jobs in renewables, globally, while the U.S. has under 10 percent (see chart above).
We know clean energy jobs are the only major new source of sustainable high-wage employment in the coming decades for several reasons.
More: Trump to cede millions of high-wage jobs to China
Why is Trump abandoning clean energy for dirty coal? Sounds like we should learn to speak Chinese.