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One Step forward and 2 Steps back

aplusmnt

Well-known member
Green energy destroys 2 jobs for every 1 created, study finds

via Bloomberg:

Job Losses From Obama Green Stimulus Foreseen in Spanish Study

By Gianluca Baratti

March 27 (Bloomberg) -- Subsidizing renewable energy in the U.S. may destroy two jobs for every one created if Spain’s experience with windmills and solar farms is any guide.

For every new position that depends on energy price supports, at least 2.2 jobs in other industries will disappear, according to a study from King Juan Carlos University in Madrid.

U.S. President Barack Obama’s 2010 budget proposal contains about $20 billion in tax incentives for clean-energy programs. In Spain, where wind turbines provided 11 percent of power demand last year, generators earn rates as much as 11 times more for renewable energy compared with burning fossil fuels.

The premiums paid for solar, biomass, wave and wind power - - which are charged to consumers in their bills -- translated into a $774,000 cost for each Spanish “green job” created since 2000, said Gabriel Calzada, an economics professor at the university and author of the report.

“The loss of jobs could be greater if you account for the amount of lost industry that moves out of the country due to higher energy prices,” he said in an interview.

http://adognamedkyoto.blogspot.com/2009/03/green-energy-destroys-2-jobs-for-every.html
 

Mike

Well-known member
That study was pizzed on by Gibbs, the Obama spokesman, because at some point the author did some work for Exxon................ :roll: :roll:
 

backhoeboogie

Well-known member
Mike said:
That study was pizzed on by Gibbs, the Obama spokesman, because at some point the author did some work for Exxon................ :roll: :roll:

Exxon? Shucks that aint nothin. I voted for some democrats once. (please don't let anyone know tho)

Charlie Stenholm was one dem I regularly voted for. He went outside party lines and voted against he brady bill and such. He wasn't a very good Dem was he?
 

Mike

Well-known member
backhoeboogie said:
Mike said:
That study was pizzed on by Gibbs, the Obama spokesman, because at some point the author did some work for Exxon................ :roll: :roll:

Exxon? Shucks that aint nothin. I voted for some democrats once. (please don't let anyone know tho)

Charlie Stenholm was one dem I regularly voted for. He went outside party lines and voted against he brady bill and such. He wasn't a very good Dem was he?

No such thing as a good Democrat these days. Sooner or later they'll stick a knife in your back.................. :lol:
 

backhoeboogie

Well-known member
Mike said:
backhoeboogie said:
Mike said:
That study was pizzed on by Gibbs, the Obama spokesman, because at some point the author did some work for Exxon................ :roll: :roll:

Exxon? Shucks that aint nothin. I voted for some democrats once. (please don't let anyone know tho)

Charlie Stenholm was one dem I regularly voted for. He went outside party lines and voted against he brady bill and such. He wasn't a very good Dem was he?

No such thing as a good Democrat these days. Sooner or later they'll stick a knife in your back.................. :lol:

If action speaks louder than words, Obama insinuates it well, "You scratch my back and I'll stab yours"
 
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