Submitted by kickresume t3_yq0n0i in dataisbeautiful
nathan555 t1_ivml545 wrote
Reply to comment by 685327592 in More people are employed in clean energy than in fossil fuels by kickresume
Apples to Oranges comparison. If all other costs are equal, the company/industry with less labor has lower cost to produce the same good. But if solar costs less than coal per kwh even though it hires more people- that's because it has a different business model with different costs.
xelah1 t1_ivokxg8 wrote
It'll also depend on past vs present investment. Industries which invested a lot in creating assets in the past now have large capital costs to pay. Industries investing now are going to be paying for more labour.
Then there are the external costs, but they're not included in the price and that's a whole other topic.
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