Report: Energy jobs pay far above the national average
New data shows both the promise and peril of the White House push to speed deployment of renewables while also accelerating the transition away from fossil fuels.
Driving the news: A report on energy industry wages across sectors shows that they're far above the national median and more likely to provide healthcare and retirement benefits than the national average.
- However, average hourly compensation in the fast-expanding wind and solar sectors is below oil and natural gas-related positions, and far below nuclear.
- The chart above is from the report published by the Energy Futures Initiative, the National Association of State Energy Officials and the BW Research Partnership.
Why it matters: The report arrives as the White House is pushing a massive infrastructure package that's heavy on clean energy initiatives — and promoting it as a way to create large numbers of jobs.
Go deeper: The wage gap that threatens Biden's climate plan (Politico)