New York’s Clean Energy Sector Growth Surged in 2023
According to the 2023 Annual Green Jobs report released in October by the New York State Energy Research and Development Authority (NYSERDA), 2023 job growth within the state’s clean energy sector totaled 7,700 new jobs. The sector’s current 178,000 jobs is a 22% increase from last year; and among them, 4,400 jobs, which represent the bulk of new jobs between 2022 and 2023, are in the areas of building decarbonization and energy efficiency. Compared to the statewide economy, job growth within the clean energy sector grew twice as fast between 2022 and 2023. However, uncertainty sparked by a second term of the Trump administration has cast some concerns for continued future growth in the sector since the President-elect’s “first administration slashed spending for climate-oriented federal agencies and the local initiatives they helped to fund.” Among some of the clean energy firms that are already taking precautions, news reports earlier in December announced decisions by French oil and gas firm TotalEnergies SE to pause the development of a wind farm off the coast of Long Island. Already challenged by soaring costs and supply chain issues, the probability of the U.S. achieving President Biden’s goal of creating an offshore wind industry reaching 30 gigawatts by the end of the decade has increasingly become unlikely.
Source: https://www.crainsnewyork.com/climate/new-york-clean-energy-jobs-boom-could-wilt-under-trump