Friday, August 10, 2012

The $4.6 million green job

Going to Vegas! ... for this editorial

Green summit: And never is heard a discouraging word - Opinion -
Exaggerated scare tactics about the Earth's destruction may make for gripping sound bites, but they don't form a very sturdy base upon which to build sound policy. Nor is this about national security. The development of huge reserves of previously inaccessible domestic shale oil and natural gas have taken that argument off the table. As for economic development, green power supporters who promised millions of high-paying jobs as part of the renewable revolution have little so far to show for their expenditures.
On Tuesday, the Nevada Journal - the newsmagazine of the Nevada Policy Research Institute, a local think tank - released its examination of green energy subsidies and their effect on "green-collar" employment here. The Journal found that more than $1.3 billion in federal funds for geothermal, solar and wind projects since 2009 "has yielded and is projected to yield just 288 permanent, full-time jobs. That's an initial cost of over $4.6 million per job."
Read the entire article at the Las Vegas Review-Journal:

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