Spain's Green Energy Success is the Model for the USA

President Obama has cited on numerous occasions that he sees us following the lead of Spain in growing our Green Energy businesses. Billions of dollars are set-aside to do just that. We are doing no drilling, no nuclear, no clean coal, no fossil fuel projects because we want to be just like Spain.

Many of us have been concerned that green energy will kill jobs. We fear it will be another government loser. We shudder to think that years could be lost and little gained. But, our new president soldiers on touting Spain.

A new study from the Universidad Rey Juan Carlos in Spain makes for good reading. ( It's in English)

The report examines the cost to Spain of the massive commitment to green energy. The report substantiates that the U.S. could expect to lose 2.2 jobs for every new green job. Plus, green jobs are short-lived. When the project is done, the job is gone. Translated to the U.S. that would mean the green jobs program we are embarking on will lose up from 6.6 million to 11 million jobs to offset the 3-5 million new green jobs. 

The report also states that the cost of a new green job was 571,000 Euros each.

David Gertzmark at MasterResource put the pencil to government-side costs as well as private costs, and evaluating the Spain study concluded. "The arithmetic of green jobs is ineluctable and grim. For each utility worker who moves from conventional electricity generation to renewable generation, two jobs at a similar rate of pay must be foregone elsewhere in the economy, otherwise the funds to pay for the excess costs of renewable generation cannot be provided. Moreover by raising costs throughout the economy, high cost green energy will reduce the competitiveness of US exporter, thereby destroying(presumably Well-paying) jobs in such industries."

Just like our leaders want to model our economy after California, they want to model our energy future after Spain. They are quick to tell you that Spain now gets 60% of it's power from green energy, mostly wind. But, if they even know the cost, they don't want you to know.

Seems like logic just goes out the window. When you know green power costs seven times the current cost of conventional power, you just know it can't be good. With all the taxpayer money going into the construction of green energy and so much of the windmills and solar panels coming form foreign countries, it takes a big chunk out of the economy. Then mandate that utility companies have to produce fixed percentages of their power from green energy, and you have the same formula that is killing Spain. Power costs go up for all manufacturing, and they close plants. More jobs go away than you gain. 

Here's what is coming down the road for us. Good luck.   

Comments

[MAS1916]

Unlike Spain, we'll be freezing before American voters understand that to stay warm, we need a thriving energy industry - one that is unhindered by childish EPA policy.