European governments are beginning to backpedal on financial commitments resulting from adopting cap and trade legislation. Those commitments will soon run into the billions of euros each year as the governments are asked to transfer taxpayer funds into the hands of private enterprises and carbon traders, such as Albert Gore's LLC, who have eagerly participated in the scam.
The EU’s experience shows that for every green job created, a real job is destroyed elsewhere in the economy.
Germany’s Angela Merkel is insisting on major exemptions for German heavy industry
Merkel’s government is also supporting the building of 26 new coal-fired power plants across Germany.
Italy has rocked the EU climate boat by insisting on exemptions for its own energy-intensive industries.
Italy's exemption requires the EU to renegotiate Europe’s entire climate policy.
Deputy head of Poland’s Solidarity trade union, Jaroslaw Grzesik, estimated that the EU’s climate policy would cost 800,000 European jobs.
Spain is the only country to produce a comprehensive analysis:
“Despite its hyper-aggressive (expensive and extensive) ‘green jobs’ policies ... Spain has created a surprisingly low number of jobs.”
“Since 2000 Spain has spent $800,000 to create each ‘green job’, including subsidies of more than $1.4 million per wind industry job.”
“The programs creating those jobs also resulted in the destruction of nearly 110,500 jobs elsewhere in the economy or 2.2. jobs destroyed for every ‘green job’ created.”
“Each ‘green’ megawatt installed destroys 5.28 jobs on average elsewhere in the economy: 8.99 by photovoltaic (solar), 4.27 by wind energy, 5.05 by mini-hydro.”
To read this on the same day that the "public option" dies, now that is pleasure.
Even if Man-caused Global Warming were true, why am I going to sacrifice for myself and a couple of billion Indians and Chinese, it is at all possible?
Just move up from the coastlines. I already am. Up from the coast and uphill from the riverbank.
____________________ "The force and degree of a man's inner benevolence evokes in others a proportionate degree of ill-will" - Gurdjieff
"In a time of universal deceit, telling the truth is a revolutionary act." — George Orwell
