28 Mar 2009

How Black Are My Green Jobs

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José Guardia quotes a King Juan Carlos University of Madrid study which contends that every government-subsidized “green job” costs more than two ordinary jobs.

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. …

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.

2 Feedbacks on "How Black Are My Green Jobs"

Meir Stone

Thank of all the jobs that would be created if we drilled for oil in America. Plus don’t forget when heating oil goes up people cut down trees which can have a negative effect on the envoirment. ( not saying we should not log) only if heating oil is real high many more trees are going to be cut down…

BTW Wind Power kills lots and lots of birds…

If things are so bad why are people like Nancy Pelosi ( Speaker Of The House) flying around on a government Private Jet? Has Air force one been traded for a Hybrid bus?


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