Posted on 04/01/2009 8:08:29 PM PDT by I got the rope
Europes current policy and strategy for supporting the so-called green jobs or renewable energy dates back to 1997, and has become one of the principal justifications for U.S. green jobs proposals. Yet an examination of Europes experience reveals these policies to be terribly economically counterproductive.
This study is important for several reasons. First is that the Spanish experience is considered a leading example to be followed by many policy advocates and politicians. This study marks the very first time a critical analysis of the actual performance and impact has been made. Most important, it demonstrates that the Spanish/EU-style green jobs agenda now being promoted in the U.S. in fact destroys jobs, detailing this in terms of jobs destroyed per job created and the net destruction per installed MW.
The studys results demonstrate how such green jobs policy clearly hinders Spains way out of the current economic crisis, even while U.S. politicians insist that rushing into such a scheme will ease their own emergence from the turmoil.
(Excerpt) Read more at juandemariana.org ...
Yes, the situation here in Spain is at least as worse as the report shows.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.