The Green Jobs Fantasy - Mona Charen - Townhall Conservative
"It's true that Spain has pursued the sort of policies Obama favors, but far from inaugurating a new green-technology era, Spain is floundering. According to the American Enterprise Institute, since 2000, Spanish taxpayers have spent $771,000 per job for each green job created. And each green job has been purchased at the cost of 2.2 jobs lost in other areas of the economy. Spain, its government close to insolvency, has been forced to reverse course, slashing subsidies for wind and solar power. Germany, too, whose citizens have paid 7.5 percent more for energy since the green subsidies were introduced, is reducing support for green sources of energy."