Brookings Inst./NY Times- Green jobs account for just 2% of overall employment

Discussion in 'Economy' started by Trajan, Aug 19, 2011.

  1. Trajan
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    Trajan conscientia mille testes

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    I call it the tale of the tape,check the links yourselves, both the study and the article are from, lets say org.s that are friendly to [the] promotion of green tech and the jobs to be found there-in...etc....

    It is, what it is.


    Number of Green Jobs Fails to Live Up to Promises
    By AARON GLANTZ
    Published: August 18, 2011

    snip-

    In the Bay Area as in much of the country, the green economy is not proving to be the job-creation engine that many politicians envisioned. President Obama once pledged to create five million green jobs over 10 years. Gov. Jerry Brown promised 500,000 clean-technology jobs statewide by the end of the decade. But the results so far suggest such numbers are a pipe dream. …

    A study released in July by the non-partisan Brookings Institution found clean-technology jobs accounted for just 2 percent of employment nationwide and only slightly more — 2.2 percent — in Silicon Valley. Rather than adding jobs, the study found, the sector actually lost 492 positions from 2003 to 2010 in the South Bay, where the unemployment rate in June was 10.5 percent.

    Federal and state efforts to stimulate creation of green jobs have largely failed, government records show. Two years after it was awarded $186 million in federal stimulus money to weatherize drafty homes, California has spent only a little over half that sum and has so far created the equivalent of just 538 full-time jobs in the last quarter, according to the State Department of Community Services and Development. …

    Job training programs intended for the clean economy have also failed to generate big numbers. The Economic Development Department in California reports that $59 million in state, federal and private money dedicated to green jobs training and apprenticeship has led to only 719 job placements — the equivalent of an $82,000 subsidy for each one.

    more at-
    http://www.nytimes.com/2011/08/19/us/19bcgreen.html?_r=1

    and-

    Stimulus funds intended to boost the green economy haven’t been well spent. The latest example of this is Monday’s bankruptcy filing by Evergreen Solar Inc.

    The Massachusetts company that the White House once said “is hoping to hire 90 to 100 people” thanks to stimulus money has $485.6 million in debt. Evergreen closed a factory in March, reports the Boston Herald, and cut 800 jobs. A Michigan plant is to be shut down, as well, causing the loss of even more jobs.

    Evergreen isn’t the only supposed conservation company that can’t make it even when fronted with piles of taxpayer money. Green Vehicles of Salinas, Calif., which has burned through more than $500,000 in money “invested” by the city, folded last month without having produced anything of significance. The company promised it would employ about 70 and pay back Salinas taxpayers with $700,000 a year in city taxes.

    Farther north in Seattle, stimulus funds are also being wasted. A $20 million federal grant for home weatherization has, according to KOMO news, retrofitted only three houses and created 14 jobs in more than a year.

    more at-
    Wasted Stimulus - Investors.com
     
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  2. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    Not only has it falled flat -- but it has obscured the larger REAL problems with the jobs market.

    Nothing but hype and distraction. When we should have had BROADER national discussion and leadership on education, technology, and regulation -- we get green marshmallow fluff..
     
  3. Avorysuds
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    Avorysuds Gold Member

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    This is where the question of how do we get that wasted money back gets ignored.
     
  4. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    Doesn't say how many non-green jobs were lost to create the green ones either. You know, the jobs we could have had repairing our infrastucture instead of wasting it on bullshit green jobs that evaporated like a fart on a hot summer day.
     
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