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Expand chart

A new analysis shows lots of potential for regions with a high share of fossil fuel jobs to benefit from wind and solar development — with the right policies in place.

Why it matters: The idea of a "just transition" in the energy sector is discussed a lot in climate policy plans, including President Biden's recent executive order.

  • An aggressive shift to low-carbon energy to fight global warming creates risks for places where employment and the wider economy benefit from fossil fuel industries.
  • Enter the Brookings Institution analysis of counties with dense concentrations of oil, gas and coal-related employment that also have high renewables potential.

The big picture: The paper finds "impressive overlap between where fossil fuel jobs are now and where renewable energy generation could be."

  • "A quarter of the counties in the U.S. with the greatest potential for both wind and solar electricity generation are also fossil fuel hubs."
  • It also concludes that targeted policies to make that happen could lower political barriers to emissions-cutting policies.
Expand chart

How it works: Brookings analyzed county-level employment to construct a map of these "fossil fuel hubs."

  • Those are places in the top 20% job density in a suite of sectors like oil-and-gas extraction, fossil power generation, coal mining, oil-and-gas pipelines and distribution and more.
  • They overlaid that with University of Texas data on regions with high potential for wind and solar development and the most competitive costs for doing it.
  • That data relies on a metric called the levelized cost of electricity, which basically means the costs of building and then running, supplying and maintaining power facilities over time.

The intrigue: They find that of the 155 congressional districts with high potential in at least one of the renewable technologies, 91 are represented by GOP lawmakers.

But, but, but: The right policies are needed for successful transitions, the paper argues, and it's pretty clear-eyed about the opportunities but also the challenges.

  • It calls for steps like targeted job training efforts in “Goldilocks” communities — places reliant on fossil industries that also have strong renewables potential.
  • More broadly, transition efforts should involve partnerships between government, schools, labor, community groups and other stakeholders.

Go deeper

Ben Geman, author of Generate
Feb 23, 2021 - Energy & Environment

Interior nominee Deb Haaland looks to thread the needle on oil

Illustration: Aïda Amer/Axios

President Biden's pick for Interior secretary faces a balancing act as she defends limits on oil-and-gas development while responding to concerns that the initiatives — and her own policy views — threaten producing states.

Driving the news: Rep. Deb Haaland (D-N.M.) appears this morning before the Senate energy committee vetting her nomination and faces critical questioning from GOP members.

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

An inside look at Intuit's Mailchimp acquisition

Illustration: Aïda Amer/Axios

When Mailchimp recently agreed to be acquired by Intuit for $12 billion, we noted how it was the richest sale ever of a private bootstrapped company. Now we know more about why the Atlanta-based email marketing company never took outside funding.

The big picture: Mailchimp founder and CEO Ben Chestnut tells Axios that it was all about timing.

"Noticias Telemundo" names Julio Vaqueiro as new anchor

Julio Vaqueiro. Photo: Noticias Telemundo

Emmy award-winning journalist Julio Vaqueiro will become the new anchor of "Noticias Telemundo," the network's daily Spanish-language evening newscast, Noticias Telemundo announced Thursday.

The big picture: Vaqueiro replaces José Díaz-Balart, who is returning to MSNBC later this month to host a new show as NBC seeks to add more diverse voices to its English-language news programs.