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The Solar Energy Industries (SEIA) CEO Abigail Ross Hopper said a Biden presidency would “advance clean energy incorporat[ing] environmental justice”, while American Council on Renewable Energy (Acore) CEO Greg Wetstone called the election “historic” and one that would create “the clean energy future that Americans want, and scientists say we need.”
Goldman Sachs Calls Hydrogen a ‘Once in a Lifetime Opportunity’
Goldman Sachs called hydrogen a “once in a lifetime opportunity,” adding, the addressable market could be worth up to $11.7 trillion in the next 30 years.
Analysts at Bank of America says green hydrogen could be worth more than $11 trillion by 2050. In addition, the firm also compared green hydrogen to smartphones pre-2007 and the internet prior to the dot-com boom, as also highlighted by CNBC.
13 January 2021 11:23 GMT Updated 13 January 2021 11:28 GMT
The US clean energy industry has haemorrhaged over 400,000 jobs since the outbreak of the Covid-19 pandemic, seeing the first year-on-year decline in its numbers and finishing 2020 with its smallest workforce since 2015, according to new figures from by BW Research Partnership.
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The calculations, carried out for renewables advocacy groups Environmental Entrepreneurs (E2), E4TheFuture and the American Council on Renewable Energy (Acore) using latest federal unemployment filings, revealed that while almost 17,000 positions had been added in December by the sector, more than 429,000 – 12% of the sector’s pre-Covid-19 workforce – remained unemployed.