Saturday, May 29, 2010

Green Jobs Update

Progressives have long promised that investment in renewable energy will produce "green jobs." President Obama agreed, specifically citing the supposed success of such programs in Spain. But the evidence of Spanish green job creation (at reasonable costs) was disputed from the start, notwithstanding flawed Administration efforts to waive-off the data.

A full page article in the May 21st La Gaceta Spanish newspaper further demolishes the President's and progressives' position. Based on a leaked study by the Spanish government, the article is headlined:
Spain admits that the green economy as sold to Obama is a disaster
Chris Horner at Pajamas Media provides a translation, including:
The internal report of the Spanish administration admits that the price of electricity has gone up, as well as the debt, due to the extra costs of solar and wind energy. Even the government numbers indicate that each green job created costs more than 2.2 traditional jobs. . .

The presentation recognizes explicitly that "the increase of the electric bill is principally due to the cost of renewable energies." In fact, the increase in the extra costs of this industry explains more than 120% of the variation in the bill and has prevented the reduction in the costs of conventional electricity production to be reflected on the bills of the citizens.
Which is aggravated by the fraud Spain's renewable subsidies prompted. In sum, Spain should be an example--of what not to do.

No wonder the Administration is considering adding green jobs to Obama's agenda for "faith-based partnerships"--radical environmentalism remains a religion, not science.

(via Planet Gore)

1 comment:

Assistant Village Idiot said...

Put this comment next to the QOTD about the loss of industrial competitiveness from a climate change bill, and wonder what sort of mind could contain those two thoughts.