The Global Warming Policy Foundation update today focuses on the
same point a friend of mine in the industry who also writes on
energy issues called to relate a few days ago, post-Solyndra: the
whole ‘green jobs’ thing, this renewables industry, “has a fuse on
it”. And not in a good way.
The most obvious point arises from today’s Washington Times
story posted by GWPF, found
here. That is, the renewable bubble industries offer no more
than a tautology in insisting there really is nothing to
see here, move along, keep the gravy flowing. Reaffirming they
have no argument in their favor, at all.
As one should expect from anything the principal argum…er,
mantra…invoked in its favor is ‘it will create jobs!’
(what could you possibly do with $80 billion that wouldn’t ‘create
jobs’ in the frailest, most temporary, non-net sense…as we’ve
seen is the case with ‘green jobs’?). It is as follows:
Critics claim that this unprecedented pile of money and policies
making people build and buy the things in unprecedented numbers,
given they otherwise have no market, is just supporting phony
industries.
Consider it, the recipients of these policy sops claim why,
how can you say we’re phony? Amid this unprecedented pile of money
and policies making people build and buy the things, given they
otherwise have no market, we have had people buy
unprecedented numbers of the things!
Underwhelming. As the chubby gal warms up her pipes is there
anything, at long last, that you ‘green jobs’ rent-seekers and
lifestyle nags can say in your favor?
Dagny Taggert| 9.12.11 @ 1:53PM
Chris, the one I've heard is that the subsidy exists to help the solar and windmill guys get production up to the scale where costs will go down, thus getting us closer to the day they are economically competitive. I'm on your side, but I'd like to see/hear whether this modicum of truth has any merit to it or historical precedent.
Bob| 9.13.11 @ 6:35AM
The electrical energy industry is chock full of "subsidies". Peaking plants get paid for not running (capacity payments) so they will be there when needed. If the green technologies can't survive without additional subsidies and grants, they they are truly non-viable. This is shown by the fact that they disappear when the subsidies disappear.
For the other green stuff. I'd be happy to have a Volt as long as someone else pays for it. When they quit paying for it, I'd be happy to find another sucker who would be happy to have a Volt.