The "green jobs" hoax has been a fiasco wherever governments have tried to implement it. Most recently, the German think tank Rheinisch-Westfälisches Institut für Wirtschaftsforschung has published a report titled Economic impacts from the promotion of renewable energies: The German experience. The report is well worth reading in its entirety. It points out that the "green jobs" that have been created through government subsidies are more than offset by the inefficiency of the resulting energy production.
Because the "green jobs" produced by government subsidies are absurdly inefficient--as noted above, up to $240,000 per job!--the report says that should subsidies be ended, nearly all of them would quickly disappear. There is one hope, though--the United States might be dumb enough to take this inefficient energy production off the German government's hands." [Power Line]
No comments:
Post a Comment