HolyCoast: $9 Billion in Taxpayer Funds, 910 Jobs

Thursday, June 21, 2012

$9 Billion in Taxpayer Funds, 910 Jobs

"Green" jobs are a myth:
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.

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.
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.

1 comment:

Sam L. said...

The green in green jobs is greenbacks for the owners.