A recently-published study complicates President Joe Biden’s claims that his massive green agenda will allow for a “just transition” for blue-collar fossil fuel workers to land on their feet in his envisioned green economy.
Biden has routinely asserted that his anti-fossil fuel “Bidenomics” agenda will usher in a new green manufacturing and jobs boom in the U.S. However, the study, authored by researchers from the University of Pennsylvania, Wake Forest University and labor market analytics firm Lightcast, found that less than 1% of workers leaving fossil fuel-related jobs transition into green energy jobs, and that the supposed benefits of such a transition are unlikely to be evenly distributed across the country, geographically or socioeconomically. (RELATED: Biden Bureaucrat Has Supported Higher Energy Costs To Push The Green Transition. She’s On Her Way With A New Rule)
“I came to office determined to move away from the trickle-down economics and to focus on the middle class. Because I said when the middle class does well, everybody does well — everybody does well,” Biden said during a Wednesday speech in Milwaukee, Wisconsin, touting the Inflation Reduction Act (IRA), his signature climate and healthcare bill, on its one-year anniversary.