Green jobberish

Jennifer Rubin in the Washington Post:

There is no more effective tool in promoting viable industries and creating wealth than the free marketplace. If we want to level the playing field by taking away government subsidies, that might save money and prompt competition. But the rest of the green talk is mostly gibberish, spouted by politicians who have not a clue how the market works and encouraged by investors who find it easy to fleece the taxpayers.

Yet another reason for embattled Aussie PM Gillard to scrap her disastrous wrecking ball (and not least on her poll figures) carbon dioxide tax that won’t affect the world’s climate one iota.

And of course, lest we forget about what “green jobs” really means (3.7 jobs lost for every job gained… no, the jobs don’t just simply “change”).

Josh Haner at the NYT:

New clean-energy sources could address environmental, economic and national security problems all at once. In his 2008 convention speech, Barack Obama promised to create five million green economy jobs. The U.S. Conference of Mayors estimated in April 2009 that green jobs could account for 10 percent of new job growth over the next 30 years.

Alas, it was not to be. The gigantic public investments in green energy may be stimulating innovation and helping the environment. But they are not evidence that the government knows how to create private-sector jobs.

Recently, Aaron Glantz reported in The Times on some of the disappointments. California was awarded $186 million in federal stimulus money to weatherize homes. So far, the program has created the equivalent of only 538 full-time jobs. A $59 million effort to train people for green jobs in California produced only 719 job placements.

Wow. $186 million for only 538 jobs. That’s almost $346,000 per job… at the expense of the American taxpayer.

Can we trust Gillard to deliver anything so drastically different in Australia?

  1. September 6th, 2011

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