The Obama administration distributed $9 billion in economic “stimulus” funds to solar and wind projects in 2009-11 that created, as the end result, 910 “direct” jobs -- annual operation and maintenance positions -- meaning that it cost about $9.8 million to establish each of those long-term jobs.Meanwhile, electrical generation from coal is at its lowest point since 1973 and drilling is still banned in the Gulf of Mexico. We won't support the stuff that works, but throw billions at lefty energy pipe dreams.
At the same time, those green energy projects also created, in the end, about 4,600 “indirect” jobs – positions indirectly supported by the annual operation and maintenance jobs -- which means they cost about $1.9 million each ($9 billion divided by 4,600).
Combined (910 + 4,600 = 5,510), the direct and indirect jobs cost, on average, about $1.63 million each to produce.
Thursday, June 21, 2012
"Green" jobs are a myth:
Posted by Rick Moore on 6/21/2012