What they found confounds the usual green job rhetoric:
• The study calculates that since 2000 Spain has spent €571,138 to create each “green job,” including subsidies of more than €1 million per wind industry job.
• The study calculates that the programs creating those jobs also resulted in the destruction of nearly 110,500 jobs elsewhere in the economy, or 2.2 jobs destroyed for every “green job” created.
• Principally, the high cost of electricity affects costs of production and employment levels in metallurgy, non-metallic mining, food-processing, beverage, and tobacco industries.
• Each “green” megawatt installed destroys 5.28 jobs on average elsewhere in the economy: 8.99 by photovoltaics, 4.27 by wind energy, 5.05 by mini-hydro.
• These costs do not appear to be unique to Spain’s approach but instead are largely inherent in schemes to promote renewable energy sources.
(Click to read the entire article)
Blog Archive
-
?
2011
(305)
-
?
May
(26)
- Iberdrola gets shareholder nod for Renovables buy-...
- Cuomo expands ’hydrofracking’ review
- Feds rebuff AG’s hydrofracking lawsuit threat
- NYSERDA awards contracts to spur energy efficiency...
- RG&E To Expand Mandatory Hourly Pricing
- Windsor group finalizes huge gas lease deal
- Wind executive warns of natural gas competition
- KLA, Reed meet on hydrofracking
- Dimock residents tell cautionary tales on gas dril...
- The Fracking Controversy
- Gas Drilling Companies Hold Data Needed by Researc...
- DEP fines Chesapeake $1 million
- Iberdrola to invest $3.9 billion in wind energy in...
- New York Power Authority Chairman Doubts Offshore ...
- Chesapeake Energy Resumes Extracting Natural Gas
- Gas-drilling advocates present their case in Albany
- Tracking fracking water goes high-tech
- Study finds gas in drinking water near drilling
- State pension invests in hydrofracking firms
- Iberdrola Profits From U.S. Renewable Energy Market
- DEC challenged on gas drilling rules
- Kessel at NYPA asks for your input by reviewing th...
- On Green Energy: Plainly Not Helping Spain
- Wind company favors old law
- Kessel out as NYPA chief?
- LaBella Associates sees a role in 'fracking'
-
?
May
(26)