This study out of a Madrid university's economics department
is going to cause some discomfort among the Enron-successors of
the world, prowling the halls of Congress seeking hundreds of
billions in rents -- requiring increased taxes and causing
increased energy costs -- for their uneconomic pets.
I have the study. Highlights include:
- Based upon the Spanish experience that President Oprompter
expressly cited as a model, if he succeeded in his (oddly
floating) promise to further intervene in the economy to create 3
million (or is it 5 million?) "green jobs," the U.S. should
expect to directly kill by the same programs at least
6.6 million (or as many as 11 million) jobs elsewhere in the
economy.
- That is because green jobs schemes in Spain killed 2.2 jobs per
job created, or about 9 existing jobs - I'll call them "real"
jobs - lost for every 4 that are created. The latter, the study
shows, then become wards of the state, dependent on the
continuation of the mandates and subsidies, subject to the ritual
boom and bust of artifically concocted jobs (read: ethanol).
- This does not include jobs lost due to redirection of
resources, but are only the jobs directly killed by the scheme.
- The study calculates that since 2000, Spain spent €571,138 to
create each "green job," including subsidies of more than €1
million per wind-industry job.
- Each "green" megawatt installed destroys 5.39 jobs on average
elsewhere in the economy: 8.99 by photovoltaics, 4.32 by wind
energy, 5.84 by mini-hydro.
What's Spanish for "food-taster" and "car-starter"?
Academic: "Green jobs" kills jobs — But As For Me .addtoany_subscribe img{border:0;} .addtoany_share_save img{border:0;} _qoptions={ qacct:"p-d8ipuL9esDVMw" }; var sc_project=4273169; var sc_invisible=1; var sc_partition=48; var sc_click_stat=1;…
Topics about Jobs » Archive » Academic: “Green jobs” kills jobs Topics about Jobs Academic: “Green jobs” kills jobs Posted in Jobs Topics on March 27th, 2009 Luke Ford added an interesting post today on Academic: "Green jobs" kills jobs Here’s a small reading This study out of a Madrid university’s economics department is going to cause some…
…them “real” jobs - lost for every 4 that are created. The latter, the study shows, then become wards of the state, … Go here to see the original: The American Spectator : AmSpecBlog : Academic: "Green jobs" kills … Also Read about Institutional Partners Green Jobs Program www.institutionalpartners.com Leave a Comment Name (required) Mail (will not be published) (required)…
…jobs - I'll call them "real" jobs - lost for every 4 that are created. The latter, the study shows, then become wards of the state, .. Read the original post: The American Spectator : AmSpecBlog : Academic: "Green jobs" kills ... Tags: because-green, charging-the-same, itunes, spain, State, the-study, then-become, were-three Speak Your Mind Tell us what you're thinking... Click here to cancel…
…will reduce the competitiveness of US exporters, thereby destroying (presumably well-paying) jobs in such industries. The job-destroying nature of renewable energy is not unique to the US. A recent study in Spain, where both conventional generation costs and wind subsidies are higher than in the US, found that each new job in green industries in that country cost $774,000 and led to the loss of at least 2.2…
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Academic: "Green jobs" kills jobs — But As For Me links to this page. Here’s an excerpt:
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Topics about Jobs » Archive » Academic: “Green jobs” kills jobs links to this page. Here’s an excerpt:
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The American Spectator : AmSpecBlog : Academic: "Green jobs" kills … | GREEN-2009 BLO links to this page. Here’s an excerpt:
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The American Spectator : AmSpecBlog : Academic: "Green jobs" kills … | www.fairs.ca links to this page. Here’s an excerpt:
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Green Jobs: Making Society Poorer (basic math can show interesting things) — MasterR links to this page. Here’s an excerpt:
rentacar| 10.28.09 @ 5:22PM
This article is very interesting. Thank you very much for sharing .