Does Texas employ more people in the renewable energy sector than in the oil and gas sector?
Despite the growth of renewable energy in the state, oil and gas still employs more Texans than renewables—for now.
In June 2020, about 162,000 Texans worked in oil and gas, according to the Texas Alliance of Energy Producers, down from a high of nearly 300,000 in 2014. Employment in the industry may hit its lowest point in 15 years due to a pandemic-related drop in demand and prices.
In 2018, over 233,000 people worked in renewable energy across Texas. The industry wasn't spared from pandemic-related layoffs. Estimates indicate that renewables companies have cut about 96,000 jobs in Texas, Bloomberg reports, which would leave the about 137,000 jobs in the field.
Bloomberg reports that clean energy companies are now trying to recruit laid-off workers from oil and gas companies, betting that they're better positioned to recover than fossil-fuel firms.