Thursday, June 17, 2010

"Green Jobs" in the Real World: FAIL

Observations from the real world...

Denmark’s subsidies for wind power ended up having no net impact on job creation, but instead just shifted workers from unsubsidized to subsidized jobs, and at the cost of two average annual salaries per job

Yup. And don't forget Spain (now a virtual bankrupt):

Spain showed that the subsidizing of renewable energy was a complete disaster. In fact, the study said that for every new job depending on energy price supports, at least 2.2 jobs in other industries will disappear

It is clear that Einstein's formulation of "insanity" fits the Democrat Party perfectly.

HT: Hot Air

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