NextGen Climate America Report: US could add over 2 million clean-energy jobs by 2050

Facebook
Twitter
LinkedIn
Reddit
Email
The US could see over two million new jobs created by 2050, according to the report. Image: Martin Abegglen/Flickr

NextGen Climate America has released a new report, in collaboration with ICF International, that showcases the positive impact that making the switch to clean energy could make on economic growth in the United States.

The report, titled Economic Analysis of U.S. Decarbonization Pathways, uses studies released in Energy and Environmental Economics’ (E3) Pathways to Deep Decarbonization in the United States report to study the effects that clean energy could have on US financial growth.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

According to NextGen’s report — under E3’s projections of investing in clean energy and cutting down on greenhouse gas emissions — the US would add over 1 million jobs by 2030 and nearly 2 million by 2050 — with over 1.2 million jobs in the construction market as a result of developing renewable energy projects.

By lowering emissions levels 80% from 1990 levels by 2050, the US would also boost its GDP by up to US$290 million and raise household incomes across the country.

Due to the development of new well-paying jobs in the renewable-energy sector, households could see their disposable income increase by US$350 – US$400 by 2030 and by as much as US$650 in 2050.

In total, shifting to clean energy could boost the US’ GDP by US$145 billion by 2030, or a 0.6% increase when compared to current projections. By 2050, making the switch to clean energy could grow the GDP by US$290 million, or a 0.9% increase over current estimates.

NextGen Climate America founder Tom Steyer noted: “This report clearly demonstrates that shifting to clean energy would significantly improve our country’s economy for decades to come and create more well-paying jobs for American families. Transitioning to a clean energy future won’t just address the threat of climate change—it will put millions of Americans to work, raise household income and build an economy that works for everyone.”

When weighing its projections, the report noted that the net job impact as a result of clean energy integration could vary from 200,000 to two million in 2030, as well as 200,000 to three million in 2050.

When examining total job growth, manufacturing positions are expected to grow as more renewable energy projects are tabbed for development, while mining is expected to suffer some of the largest losses amongst sectors. By 2050, utility companies are expected to generate over 100,000 new jobs.

While workers in the fossil sectors might be on the outside looking in as the energy market switches to renewable sources, the report also notes that these individuals are also likely to find positions in these new sectors with additional training and upskilling. 

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

October 7, 2025
Solar PV will account for almost 80% of the 4.6TW of new renewable power expected to be added by 2030, according to the International Energy Agency (IEA).
October 7, 2025
Doral Renewables has secured a PPA with an unnamed 'corporate buyer' for its 430MW Cold Creek solar-plus-storage project in Texas.
October 7, 2025
US independent power producer (IPP) Arevon has begun operations at two utility-scale solar projects in Indiana.
Premium
October 6, 2025
Talon PV aims to be the first US company to safely manufacture TOPCon cells at scale, backed by European technology and a crucial First Solar licensing deal.
October 6, 2025
US utility AES Corporation is reportedly in discussions to be acquired by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock.
October 6, 2025
An expert panel has identified a series of grid failures that led to April's unprecedented power outage in Spain and Portugal, ruling out renewables as the leading cause.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland