Will Spain’s Green Depression be America’s?
Obama wants America to emulate Spain in pursuing “green jobs” from alternative energy sources. If the president has his way, is it a good idea?
Spain is now in a depression and unemployment is just over 18%. No country has spent more money subsidizing alternative energy sources than Spain. Researchers say Spain’s unemployment could reach 25% over the next three years. That’s a depression (not that they’re in one now).
Spain has lost 2.2 jobs for every green job created. The cost for each green job is over a whopping $700,000. This data is derived from a study done by Gabriel Calzada, An economics professor at King Juan University in Madrid.
In the US there has been a huge push to go green. Politicians are listening closely to special interest in regard to global warming, wind, and solar power. With money flowing into Washington, the congress and senate have every reason to enact energy regulation that will tax oil and gas usage.
Obama and his administration along with politicians, bureaucrats, and judges are already active in pushing their agenda in any way they can.
Exxon Mobil was recently fined $600,000 for killing 85 birds on their property under the Migratory Bird Treaty Act. The birds came in contact with oil pollutants on Exxon property during 2004 through 2009. The courts are flooded with similar cases brought against energy companies.
Meanwhile it is estimated that wind turbines kill no less that 75,000 birds annually. Wind turbines could kill up to 250,000. An Altamont Pass study in 2008 found that its turbines kill at least 80 Golden Eagles per year.
It’s apparent wind companies have been given immunity from prosecution. What’s really interesting is that those turbines would not be possible without oil. That’s right, oil is used in the manufacturing of just about everything including wind turbines and solar panels. Yea, that’s green alright!
So let’s get this right. Government taxes and fines big oil. Big oil passes the cost on to you and the green companies. Green companies then pass the higher cost you again. Finally government doesn’t care because it won’t affect them. They’re not paying for it, you are! Do you still want to go green?
Are you willing to trade your job for your government’s corruption?
Will Spain’s green depression be America’s?
February 2011 Update
Spain's unemployment rate is now over 20%
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