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We’ve referred many times to the failures in Spain of the heavy subsidization of a “Green jobs” agenda, citing it as the primo example of why the similar Obama policy will also fail. The Institute for Energy Research has produced a brief video that explains nicely the Spanish experiment:

topics:
The Obama Administration, Stimulus Package, Alternate Energy, Spain, Green Jobs

View all comments (2) |

PattyMor| 11.29.10 @ 4:15PM

"Green" jobs are a misnomer; they should be relabled RED jobs. That is, top down, central planning jobs. Without subsidies and local mandates to buy the power, none of this power would be feasible. The market is not driving "green" power or "green" jobs, but government planning ala the Soviet Union.

Curtis Rasmussen| 11.29.10 @ 6:36PM

Does that mean 'In the red, bankrupt' or red as in 'Commie flag waving red'?

I think both.

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http://spectator.org/blog/2010/11/29/green-jobs-fallacies-animated

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