Sunday, May 2, 2010

Spain green jobs: expensive and a net job loss

Spain was way ahead of the rest of the world on the "green job" bandwagon. Now they've realized it was a massive waste of money. There were plans to offer stock on a photovoltaic power plant, but those have been shelved.
They tried to crucify Gabriel Calzada for pointing out that their wind and solar programs were a big waste of money.

But even the Spain’s socialist government recognizes economic reality when default comes knocking. You can’t keep spending $750,000 per “green” job created when you’re going broke.
The article links to Gabriel Calzada's study (as a PDF), which showed that for every "green job" created, 2.2 jobs were lost.

Green jobs, costing a fortune and a net loss of jobs all around! Thanks team eco-police!

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