Monckton: Green policy kills jobs and causes energy povertyPosted: July 8, 2017
LORD MONCKTON nails the fine print on the unreliable-energy con with his ever reliable menu of pesky facts and stats that send climate zealots into a tail-spin!
Excellent, well researched open letter to MIT that should turn the heads head…
Excerpt from an open letter to the head of MIT:
Professor Reif of MIT says, “In 2016 alone, solar industry employment grew by 25 percent, while wind jobs grew 32%.” These numbers are highly misleading. In fact, they underscore how deficient these energy sources are as job creators.
Growing jobs by subsidy is easy, provided that one cares nothing for the far greater number of jobs destroyed by the additional taxation, energy price hikes or public borrowing necessary to pay for the subsidy. Several studieshave shown that the creation of one “green” job results in the loss of two to four jobs elsewhere in the economy. In Spain the estimated ratio was two jobs lost for each one created by renewable energy, prompting the government to finally end most renewable subsidies.
And yet, despite all those subsidies, wind and solar power generation expensively and unreliably account…
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