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Tuesday, January 18, 2011

Green Energy Can't Power Jobs Market: We've Been Saying That For The Past Year

Harvard study confirms what we've been saying for more than a year.

The present administration takes it's guidance from Harvard. This study, in the New York Times, from Harvard, is a huge story.

Wind and solar companies laying off folks and/or shutting down completely, despite huge government subsidies, grants, and tax breaks. Even coal-powered cars are being sold at a loss and aren't cost effective until oil is between $174 and $250 per barrel.

Later, if I remember I will link this post to something posted here some months ago about wind energy's failure in producing jobs.

[Note: I published the above story on January 19, 2011. Later that evening I ran across this story, dateline January 18, 2011, LA Times.  This story was obviously a news release and not a news story. Note that raw numbers of jobs is not provided, but note, more importantly, how old the data is. Generally they are comparing 2009 data with 2008 data. When the 2010 data is published by the same group in 2016 the facts will come out.]

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