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Which a part of “financial” does the World Financial Discussion board not perceive? – Watts Up With That?


Visitor “Rhetorical query” by David Middleton

If you happen to can’t see why that is hilarious, you most likely flunked economics (and fundamental arithmetic)…

Wind and photo voltaic now make use of as many employees because the oil sector.

World Financial Discussion board on LinkedIn

The LinkedIn publish is accompanied by a cute YouTube video:

The World Financial Discussion board, apparently thinks that that is one thing to brag about. If you happen to can’t see why that is hilarious, you most likely flunked economics (and fundamental arithmetic)…

By the logic of the World Financial Discussion board, it’s a “good factor” that it takes extra individuals to supply and ship 7% of the world’s main power wants, than it takes to supply and ship 55% (oil & gasoline).

It’s truly potential that, in 2021, it took twice as many individuals to ship than 40 EJ of “inexperienced” power than it took to ship 330 EJ of “oil sector” power.

Renewable power jobs hit 12.7 million globally
New report confirms development in renewable jobs regardless of a number of crises and requires focused industrial methods to create secure provide chains and first rate jobs.

Press launch | 22 September 2022

GENEVA (ILO Information) – Worldwide employment in renewable power reached 12.7 million final yr, a soar of 700,000 new jobs in a single yr, regardless of the lingering results of COVID-19 and the rising power disaster, based on a brand new report.

Renewable Power and Jobs: Annual Overview 2022  identifies home market measurement as a significant factor influencing employment technology in renewables, together with labour and different prices. Photo voltaic power was discovered to be the fastest-growing sector. In 2021 it supplied 4.3 million jobs, greater than a 3rd of the present world workforce in renewable power.

[…]

Worldwide Labour Group

Oil and gasoline manufacturing

The ILO estimates that almost 6 million individuals are instantly employed by the petroleum trade and over ten instances that variety of jobs are not directly created by the trade. Employment alternatives for ladies within the petroleum trade are growing, however from a really low base. This can be due to harsh working situations within the trade: lengthy hours work, particularly in oil manufacturing; growing quantities of labor around the clock, in troublesome, distant areas ; scheduling of shifts significantly offshore when rotation patterns are constrained by transport schedules and limits on lodging. The petroleum trade faces the scarcity of expert employees.

Worldwide Labour Group

“Now that’s humorous proper there I don’t care who you might be. That there’s humorous.”

Renewables require 300,000 extra workers per exajoule of output than the oil & gasoline trade does. Every time I see these “triumphant” articles about renewable power using extra individuals than fossil fuels, I’m all the time reminded of the pictures of dozens of employees sweeping snow off the streets of Beijing throughout President Nixon’s historic go to to Pink China in 1972.


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