Green Dream: A Red Nightmare for Taxpayers

The Aspen Times ^ | September 15, 2011 | Melanie Sturm

[Aspenhuskerette]

Winston Churchill famously quipped, “However beautiful the strategy, you should occasionally look at the results.” What could be more beautiful, never mind seductive, than the strategy to promote renewable energies and a “green economy,” heralded as cure-alls for America's greatest challenges, most particularly economic stagnation?

But a funny thing happened on the way to green utopia. High-paying, clean-tech jobs were a cornerstone of the 2009 stimulus bill, which appropriated $80 billion to promote the “green economy.” Yet, instead of putting us on the green-brick road to recovery, we've learned that subsidizing industry merely results in red — lost jobs, squandered taxpayer resources, scandalous bankruptcies and diminished prosperity. “Green” proponents whose policies produced these shameful outcomes should be red-faced and prepared to Think Again.

[Aspenhuskerette]

Thanks to those who like the column enough to click on Recommend under the title and who share it on Facebook!

[MotherRedDog]

Excellent article. Shared with all my facebook friends.