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Global Environment Topics

How Renewable Energy is Re-Shaping the U.S. and Global Economy (credit: Yale University)

6/3/2018

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Picture
DISCUSSION: There is no question that as we head deeper into the 21st century, various sources of renewable energy will continue to become more and more important as society continues to grow and evolve.  The global energy market is a complex organism since many various parts of the world encounter various magnitudes of net energy demands depending on the time of year and the need for various regional and global travel.  However, one factor which will undoubtedly remain to be a constant is the fact that global renewable energy markets and scientific development and innovation thereof will continue to remain to be a leading force in global economic growth.  As highlighted in the following article which was recently published by researchers from Yale University, there are upwards of 10.3 million + jobs in existence within the renewable energy market as of the end of the first quarter of 2018.
 
However, even though many of these jobs have been generated overseas across various parts of east Asia, they are quickly on the rise across the contiguous United States within the past couple of years.  More specifically, per the content of this recent article, here is a snippet of the article which details some more of these more pertinent statistics: “The solar industry accounts for the largest share of jobs in renewable energy, with nearly 3.4 million people employed in research, production, installation and maintenance of solar panels — an increase of 9 percent from 2016. The solar sector is followed by liquid biofuels, with 1.9 million jobs, and hydropower, with 1.5 million. The IRENA report finds that employment in the global wind industry decreased slightly from 2016 to 2017, shrinking to 1.15 million. China is home to 65 percent of the world’s solar jobs, and 43 percent of all renewable energy jobs. Due to the region’s robust manufacturing sector, four-fifths of all renewable energy jobs are located in Asia.”
 
Therefore, as noted above, solar energy is the predominant part of the renewable energy market which is taking over more and more globally in recent months and years; while wind energy markets have appeared to drop off a bit to some degree.  This is not necessarily due to wind energy being substantially less efficient (since that is not always the case when it comes to consistently generating sufficient wind-derived energy), but rather that the implementation of solar panels and solar-based photo-voltaic cells on various types of modern technology is much more logistically feasible for the average individual and/or home-owner. Hence, man-kind still has much to do in terms of advocating and marketing great amounts of global energy efficiency, but things are definitely heading in the right direction on average from a global standpoint.
 
To learn more about other interesting global environmental topics, be sure to click on the following link:​https://www.globalweatherclimatecenter.com/global-environmental-topics.

​© 2018 Meteorologist Jordan Rabinowitz
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  • Home
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