Those millions of new ‘green’ jobs are going to China and India
Without government subsidies, Germany and Australia have been unable to compete with the “green’ manufacturing in China and India, and neither will America
Without government subsidies, Germany and Australia have been unable to compete with the “green’ manufacturing in China and India, and neither will America
CFACT advisor Marita Noon chronicles the boondoggle that is New York Governor Andrew Cuomo's "Buffalo Billion" initiative, which was designed to feature a SolarCity manufacturing plant. But SolarCity stock has tanked, and the company, of which Tesla owner Elon Musk is a major investor, is facing bankruptcy. More "clean energy" that only cleans out our pocketbooks.
In recent years, a number of politicians have been promoting the notion of Green jobs to help resuscitate our economy. And while it may sound appealing, the real-world experience of nations subsidizing environmental projects to reduce unemployment hasn’t fared very well.
Some believe that so-called Green jobs are the answer to America’s economic woes. But if recent news from Seattle is any indication, Green jobs are turning out to be a big bust.