Green-Jobs Fantasy - Iain Murray - National Review Online
What could possibly lead anyone to object to them?
The answer is — as ever, for a conservative — real-world experience.
Germany and Spain went down the green-jobs road many years ago, for much the same reasons as the administration.
They saw it as a way to make their countries world leaders in coming technologies, provide good jobs to replace decaying industries, and insulate against energy shocks originating overseas.
It didn’t work out that way.
A recent report from German think tank Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) sets out what happened in Germany. ..... The RWI found that the subsidy per job amounted to $240,000.
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