Monday, April 11, 2011

Wow! 'Green jobs' are a bust?

Whoda thunk it?
The Rheinisch-Westfälisches Institut für Wirtschaftsforschung, a German think tank, issued a report on its analysis of German subsidization of “green jobs”. The PDF is here for your enjoyment.

Not a pretty tale, for it finds that subsidization of “green jobs” in alternative energy is simply a failure.

1 comment:

Keith said...

As Frederick Bastiat wrote in the mid 19th century about stimulus, subsidies and the idea that breaking windows leads to prosperity:

-You don't see the beneficial activity that would have occurred if the government hadn't stolen that money to waste it on their vanity projects.

Greenism needs killing off now.

The idiotic carbon taxes and green subsidies are having us waste energy making windmills that will never recoup the energy used in making them, and we're burning natural gas in powerstations, rather than burning the shaliest poorest coal and forestry waste.

That gas would make the ideal feedstock for synthesising gasoline and diesel fuels from coal by the fisher tropsch process.

I guess that our elite don't want us serfs leaving our little patch