House Energy Committee Hearing on COVID-19’s Impact on the Energy Sector


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Virtual Hearing via Cisco Webex

 

The Subcommittee on Energy of the Committee on Energy and Commerce will hold a remote hearing entitled, “Reviving our Economy: COVID-19’s Impact on the Energy Sector.”

 

COVID-19 has significantly impacted the U.S. economy, with unemployment rates reaching at least 13.3 percent in May 2020. These effects have significantly affected all economic sectors, including the energy sector.  As of mid-May, the U.S. energy sector lost a total of 1.3 million jobs, marking a 13 percent decline in sector employment since the start of March.

 

The clean energy industry – which encompasses jobs in solar and wind energy, energy efficiency, energy storage, clean vehicles, and more – has lost nearly 600,000 jobs since the beginning of the pandemic. Project delays, social distancing protocols, and supply chain disruptions have contributed to these job losses.  Clean energy job losses have been reported throughout the country; the states of California, Texas, Michigan, and Florida have been the hardest hit.

 

Witnesses:

**The Honorable Ernest J. Moniz, President and Chief Executive Officer, Energy Futures Initiative, Former Secretary, U.S. Department of Energy

**Gregory Wetstone, President and Chief Executive Officer, American Council on Renewable Energy

**Rich Powell, Executive Director, ClearPath

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