The renewable energy industry is growing rapidly, according to a report out Wednesday from the International Renewable Energy Agency, an intergovernmental organization. But proponents of renewable energy insist that sector will make up for the jobs lost in the fossil fuel sector. At the same time, the fossil fuel sector continues to shed jobs, according to Adnan Z. Amin, the director general of IRENA. Solar jobs grew by 22 percent, thanks in part to generous renewable energy tax credits, like the 30 percent credit on solar investments. The rise of renewable energy options and efforts to combat climate change threaten the fossil fuel industry and thus the jobs of those it employs.
Source: Huffington Post May 25, 2016 15:07 UTC