Here's another big lie, Lurch claims that subsidizing alternative energy is some sort of job creating miracle:
Quote:
“We just told you that every study that has been made says that this creates hundreds of thousands of jobs a year.”
Kerry can tell you about the studies, but just like the legislation Democrats pass, apparently doesn't actually read them.
Except for when it doesn't...
Job Losses From Obama Green Stimulus Foreseen in Spanish Study
Quote:
The premiums paid for solar, biomass, wave and wind power - - which are charged to consumers in their bills -- translated into a $774,000 cost for each Spanish “green job” created since 2000, said Gabriel Calzada, an economics professor at the university and author of the report.
“The loss of jobs could be greater if you account for the amount of lost industry that moves out of the country due to higher energy prices,” he said in an interview.
"Green Jobs" In Germany
Quote:
While employment projections in the renewable sector convey seemingly impressive prospects for gross job growth, they typically obscure the broader implications for economic welfare by omitting any accounting of off-setting impacts. These impacts include, but are not limited to, job losses from crowding out of cheaper forms of conventional energy generation, indirect impacts on upstream industries, additional job losses from the drain on economic activity precipitated by higher electricity prices, private consumers' overall loss of purchasing power due to higher electricity prices, and diverting funds from other, possibly more beneficial investment.
WIND ENERGY, THE CASE OF DENMARK
Quote:
The Danish Wind industry counts 28,400 employees. This does not, however, constitute the net employment effect of the wind mill subsidy. In the long run, creating additional employment in one sector through subsidies will detract labor from other sectors, resulting in no increase in net employment but only in a shift from the non-subsidized sectors to the subsidized sector.
Allowing for the theoretical possibility of wind employment alleviating possible regional pockets of high unemployment, a very optimistic ballpark estimate of net real job creation is 10% of total employment in the sector. In this case the subsidy per job created is 600,000-
900,000 DKK per year ($90,000-140,000). This subsidy constitutes around 175-250% of the average pay per worker in the Danish manufacturing industry.
In terms of value added per employee, the energy technology sector over the period 1999-2006 underperformed by as much as 13% compared with the industrial average.
This implies that the effect of the government subsidy has been to shift employment from more productive employment in other sectors to less productive employment in the wind industry.
As a consequence, Danish GDP is approximately 1.8 billion DKK ($270 million) lower than it would have been if the wind sector work force was employed elsewhere.
So, every study doesn't say subsidizing alternative energy creates jobs. That would be "green jobs," whatever that is.
Billions for 'green jobs,' whatever they are
