How Black Are My Green Jobs
Economics, Environmentalism, Every subsidized green job costs two jobs in other industries
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.
