M.D. Rawlings
Classical Liberal
By Victor Davis Hanson
08/25/2011
Real Clear Politics
Consider also the current government-sponsored notion of “millions of green jobs” — a siren call that Obama and “green-jobs czar” Van Jones voiced to lift the economy and transition America over to sustainable, affordable energy. But tens of billions of wasted dollars later, electricity and gas prices are at near-record levels. The attempt to make subsidized green power competitive by cutting back on fossil-fuel exploration while trying to shut down coal plants and stop gas pipelines has only made energy prices climb and further burdened American households.
Meanwhile, hundreds of billions in green subsidies created neither much new energy nor many new jobs. But the massive handouts did provide a lot of public money in sweetheart deals to administration-friendly companies that either went broke, outsourced jobs to China, or hired the unemployed at insane costs, sometimes at $2 million per worker.
LINK
08/25/2011
Real Clear Politics
Consider also the current government-sponsored notion of “millions of green jobs” — a siren call that Obama and “green-jobs czar” Van Jones voiced to lift the economy and transition America over to sustainable, affordable energy. But tens of billions of wasted dollars later, electricity and gas prices are at near-record levels. The attempt to make subsidized green power competitive by cutting back on fossil-fuel exploration while trying to shut down coal plants and stop gas pipelines has only made energy prices climb and further burdened American households.
Meanwhile, hundreds of billions in green subsidies created neither much new energy nor many new jobs. But the massive handouts did provide a lot of public money in sweetheart deals to administration-friendly companies that either went broke, outsourced jobs to China, or hired the unemployed at insane costs, sometimes at $2 million per worker.
LINK