Romm: Trump to Cede Millions of High-Wage Jobs to China

Labor News

Reprinted from Think Progress by Joe Romm on January 5, 2017.

China is preparing to go big on the only major new source of sustainable high-wage employment in the coming decades.

Beijing’s newest 5-year energy development plan invests a stunning 2.5 trillion yuan ($360 billion) in renewable generation by 2020. Of that, $144 billion will go to solar, about $100 billion to wind, $70 billion to hydropower, and the rest to sources like tidal and geothermal power.

The Chinese National Energy Administration said in a statement Thursday the resulting “employment will be more than 13 million people.” …

While Trump might extend a short-term lifeline to the dirty fuels of the past, millions and millions of the jobs of the future will apparently be captured by more forward-looking countries … like China.

Think Progress 1/5

About Jeffrey Burman 2009 Articles

Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.s.burman.57@gmail.com.

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