NEW ANALYSIS: Investing in Clean Electricity Can Create More Than 600,000 Jobs a Year

(Washington, D.C.) – Today, the Rhodium Group released a new analysis, “Pathways to Build Back Better: Jobs from Investing in Clean Electricity,” that found that investing in clean electricity would create more than 600,000 net jobs a year on average from 2022-2031. “We find that the jobs created or retained in clean generation far outweigh jobs lost at fossil fuel-fired power plants and upstream fuel supply,” the authors wrote.

“Climate action equals jobs,” said Climate Power executive director Lori Lodes. “Getting on the road to 100% clean electricity will create more than 600,000 jobs a year over the course of the next decade. It’s time for Congress to get to work on the American Jobs Plan and make big, bold investments to update our outdated and dangerous electricity grid to run on clean energy and be more resilient to climate change.”

America can’t wait any longer for a game-changing plan that puts people back to work today building the economy and infrastructure we need now that’s built to last for tomorrow. As President Biden and Treasury Secretary Yellen have stressed, the risk of doing too little is far greater than the risk of doing too much. States, cities and businesses are demanding action and have already enacted bold steps to invest in renewable energy and transition away from fossil fuels. 13 states, Washington D.C. and Puerto Rico have all taken legislative or executive action to move toward a 100% clean energy future, and more than 165 cities have committed to 100% renewable energy targets. Business leaders also know that taking climate action is good for the environment and their bottom line. More than 260 corporations globally have made a commitment to become 100% renewable.