'Green' jobs no longer golden in stimulus, Enviro projects fail to live up to hype

[teapartysamurai]

Noticeably absent from President Obama's latest economic-stimulus package are any further attempts to create jobs through "green" energy projects, reflecting a year in which the administration's original, loudly trumpeted efforts proved largely unfruitful.

The long delays typical with environmentally friendly projects - combined with reports of green stimulus funds being used to create jobs in China and other countries, rather than in the U.S. - appear to have killed the administration's appetite for pushing green projects as an economic cure.

After months of hype about the potential for green energy to stimulate job growth and lead the economy out of a recession, the results turned out to be disappointing, if not dismal. About $92 billion - more than 11 percent - of Mr. Obama's original $814 billion of stimulus funds were targeted for renewable energy projects when the measure was pushed through Congress in early 2009.

Even some of the administration's liberal allies have expressed skepticism over the original stimulus package's use of green investments as a way to spur quick employment growth at home.

"Spending on renewables is slow to get out of the door. Leaks to foreign companies is an inadequate driver of jobs and growth and may not create a strong exporting industry," said Samuel Sherraden, an economic analyst at the New America Foundation, a Washington-based progressive think tank.

Even if the green-energy funding is viewed as a long-term investment to replace dwindling reserves of oil rather than as pure economic stimulus, advocates have greatly exaggerated the benefits, said Kerry Lynch, senior fellow at the American Institute for Economic Research.

"For all the hype over wind and solar, the reality is that they contribute very little to our energy supply," she said, saying that wind accounts for less than 1 percent of total U.S. energy production and solar power for just one-tenth of 1 percent. "Together, they could power the country for all of three days a year."

Read all here: 'Green' jobs no longer golden in stimulus - Washington Times

Now this is NO SURPRISE TO CONSERVATIVES that said from the beginning that "green jobs" were as phony as the global warming (hoax) they are based upon.

The fact is, if "green jobs" were a money maker, they would already be doing just that, and wouldn't need any push from the government. The market would be the impetus just as it was when we changed from slaughtering whales for our oil to finding oil right in the ground.

Oh, sure the government got involved to SPUR more oil exploration, but they didn't discover it, etc.

The point being the government can't create what doesn't exist. If "green jobs" could replace oil, it would be happening. The fact is, it can't, because green jobs are a con.

Of course Obama has dropped the subject. He got what he wanted out of it. He conned people into believing it would create all these jobs. It helped get him elected. Now that it's "nut cracking time," he doesn't need it anymore. It served it's purpose.

I would laugh, but what's SICK about it, is a lot of this money WENT OVERSEAS! Money, your kids, your grandkids, and GREATgrandkids will be paying off, so China can manufacture wind turbines that won't end our need for oil!

What does China care as long as they have idiots in the West that will buy them?

Thanks Obama!

 

[Mad Scientist]

So he Presidents' "Stimulus" outsources jobs to China huh? If George Bush was President the Liberals would be calling for his head.

But Obama is Liberal, and Black so it's ok.

 

[uscitizen]

Just another 6 months.

 

[teapartysamurai]

So he Presidents' "Stimulus" outsources jobs to China huh? If George Bush was President the Liberals would be calling for his head.

But Obama is Liberal, and Black so it's ok.

And meanwhile liberals keep claiming that Obama is "creating" jobs.

 

[teapartysamurai]

Just another 6 months.

 

[editec]

The best possible source of power currently available to is will be found by REDUCING demand.

Yes, we ought to be investigating alternative sources of power, of course!

But those industries still have a great long way to go before (if ever) they can replace the hydrocarbon energy sources we are now dependent on.

As to green jobs going to China?

Easily solved problem.

TARIFFS.