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Roland Balik/US Air Force

US Solar Industry Poised to Lose 114,000 Jobs and Counting from COVID through June

, director of energy research, Clean Energy

With the US and global economy in free-fall due to the COVID-19 pandemic, the renewable energy industry is hemorrhaging projects and jobs at a faster rate than the overall economy. As of the end of April, more than half a million US clean energy workers are now out of work, and the number is still climbing. What is increasingly clear is that if we don’t take immediate action to stem the bleeding, the US will lose a big chunk of what was one of the fastest growing sectors of our economy and, in the long term, could result in a serious setback in efforts to address climate change.

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U.S. Air Force photo by Roland Balik
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US Must Do More to Meet Paris Climate Change Commitments

, Policy Director and Lead Economist, Climate & Energy

New analysis details how much power sector policies are contributing to the US 2025 global warming emission reduction goals. The bottom line: they make a serious dent in emissions but much more is needed to deliver on the promise of Paris. Read more >

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A Powerful 1-2 Punch: Renewable Energy Tax Credits and the Clean Power Plan

, director of state policy & analysis, Clean Energy

Together they can work to provide a powerful and affordable boost for clean energy while helping to cut carbon dioxide from the power sector. New analysis also finds that these policies can deliver significant economic and health benefits to consumers nationwide. Read more >

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How Much Could Master Limited Partnerships (MLPs) Lower the Cost of Renewable Energy Projects?

, , director of energy research, Clean Energy

Allowing renewable energy technologies to be eligible for MLPs would expand the investor base and lower the cost of financing projects by 40 percent or more, according to a new analysis prepared for UCS by Meister Consulting, Inc. (see paper and presentation here).  Read more >

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The Falling Cost of Wind Power Spurs New Investments

, director of energy research, Clean Energy

After a very slow start in 2013, U.S. wind development is really starting to pick up. According to the American Wind Energy Association’s (AWEA’s) just released Third Quarter 2013 Market Report, over 7,500 megawatts (MW) of new wind power capacity is under development in the U.S., representing an investment in the U.S. economy of roughly $15 billion. Read more >

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