Spain's Green Jobs: How successful have they been?

Are green jobs really a boost to the economy? Despite being touted as a country that has implemented green jobs successfully, Spain's green jobs program has produced less than stellar results. Professor Gabriel Calzada shares findings from his recent study on Spain's green jobs with Glenn Beck. Among the study's findings (link to the full study below):

- For every 1 green job financed by Spanish taxpayers, 2.2 real jobs were lost as an opportunity cost

- 9 out of 10 green jobs created by Spain over the past 10 years are no longer in existence today.

- Since 2000, Spain has spent €571,138 ($753,778) to create each green job, including subsidies of more than €1 million ($1,319,783) per wind industry job.

- Those programs resulted in the destruction of nearly 113,000 jobs elsewhere in the economy.

- Each green megawatt installed destroyed 5.39 jobs in non-energy sectors of the Spanish economy.

The complete study can be found here: http://www.juandemariana.org/pdf/090327-employment-public-aid-renewable.pdf

www.InstituteForEnergyResearch.org

Category:

News & Politics

Tags:

• green jobs
• calzada
• spain
• energy

[Arlo003]

This is why it always drove me crazy when George Bush said he was creating jobs. No sir, you are not creating jobs because every dollar you spend towards a government job (or government contractor) you are taking multiple dollars away from the private economy, resulting in a loss of REAL wealth creating jobs. And no Obama is going to do this on a greater scale. This is wrong and wasteful on so many levels no matter what you spend the money on. Government shouldn't be subsidizing oil either!

[svengally1]

obama is full of crap! he's a communist!

[johnsummerly1950]

Who's this idiot?

[kazike66]

what a lot of crap! for every green job 2.2 jobs are not created ..... wait wait, you said it wrong!! u have to say 2.2 are lost! oh ok yeah... they are lost.

Of course, Gvmt should only be subsidizing the losses of the bankers...

[lezlitaz]

look up where the "green" jobs are going.....not here.