Will Trump be able to stop the revolution in the renewables sector?
Although clearly the administration of the United States under President Donald Trump is changing its energy policy in favor of fossil fuels without counting its ravings and dire views on climate change. The reality of the American solar industry responds to the opposite where out of every 50 new jobs created in the US, one is thanks to the renewable sector, not to say that many of the bills of American families are seeing a reduction in their energy costs thanks to its use.
A new report called Tracking the Energy Revolution 2022 supported by Clean Energy Canada that apart from reporting current trends worldwide and in Canada, questions the possibilities of the new Trump administration to stop the constant growth of clean energy.
First of all we want to address the issue of jobs in the renewable sector due to the importance and the spectacular growth that the sector is experiencing. If we look at the graph we can see the numbers as a whole, worldwide for 2016.
But the report confirms that the growth in jobs, year after year, from the United States is unstoppable in the solar and wind industry … How many people work in the renewables sector in America?
About 260,000 Americans are currently employed in the solar industry alone without counting that the top 5 wind power producing states are covered by Republicans. This is about creating jobs and new economic opportunities in rural areas and these five states are taking advantage of the opportunities it is offering.
Since the energy revolution in the field of renewables as of that 2012, more installation capacity has been constantly created than compared to fossil fuels and in the following graph it can be clearly verified. With a similar continuity in 2016, and this 2022 will be no less.
The European Union tops the list, with an 86% increase in new electrical power capacity from renewable sources in 2016.
Thanks to the fall in costs in the technology that is used, constant financial support is no longer necessary to compete in equal costs and even cheaper compared to its fossil fuel competitors.
As the cost trend is decreasing, new jobs will be created. The International Renewable Energy Agency projects that between 2015 and 2025, the costs of generating onshore wind energy will fall 26%, the costs of offshore wind generation 35% and in the case of the solar sector in the field of photovoltaics , a drop of 57% is estimated. American companies are not going to lose the opportunity to fatten their coffers at very competitive costs.
If we follow the annual investments worldwide by sectors. Although in 2016 the trend was reduced with reference to previous years, where at the head we find the wind power sector in economic investments.
From the perspective of countries that have invested the most, first is the all-powerful China and secondly, the US followed by England. We're not going to waste money… Are we, Trump?
The opinion of the people does matter, more than anything because we must keep our voters happy. And as we saw in the article on Trump's follies according to the Pew Research Center study… “It seems that 65% of Americans believe that alternative energies such as solar and wind should be prioritized, compared to 27% who believe they should focus on oil, coal or natural gas »
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