About those green jobs--They are expensive
IBD:
The Department of Energy is set on Thursday to announce whether nine federal loan guarantees amounting to $6.5 billion for green energy projects will get final approval.The number of full-time, permanent jobs they would create? According to the DOE's own figures, a grand total of 283. That is nearly $23 million per job.It's also a drop in the bucket toward the five million green jobs President Obama promised as a candidate in 2008.
...That is a high price to pay for inefficient energy. From my perspective it just does not seem worth it. It seems to be driven more by carbon phobia than rational business judgment.
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