Biden’s energy plans set to rejig job market

SourceGulf Today
SectorOil & Gas
CountryGulf

Cathy Bussewitz, Associated Press Good-paying jobs — many of them. That's the seductive idea around which President Joe Biden is proposing a vast transformation of the energy sector, with the promise of making it far more energy-efficient and environmentally friendly. As Biden portrays it, his plan to invest in infrastructure — and accelerate a shift to renewable energy and electric vehicles, to more efficient homes and upgrades to the power grid — would produce jobs at least as good as the ones that might be lost in the process. His plans call for 100% renewable energy in the power sector by 2035.

To people who have devoted careers to the fossil fuel industries, those plans may look more like a dire threat. To the president, though, out-of-work oil workers could be shifted to other jobs — plugging uncapped oil wells, for example — and thousands more positions would be created to help string power lines and build electric vehicles and...read more...