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Top 10 Green Job Fiascoes
Human Events ^ | 9/24/2011 | Human Events

Posted on 09/24/2011 12:20:47 PM PDT by mdittmar

President Obama pledged he would start a clean-energy revolution that would create 5 million green jobs over 10 years.  Of course, when the government tries to intrude in the marketplace, bad things happen.  Such as these: the Top 10 Green Job Fiascoes.

1.  Solar debacle:  Solyndra Inc., which manufactured solar panels at its plant in Fremont, Calif., received $535 million in Energy Department loans, and President Obama talked glowingly about how the company was “leading the way toward a brighter and more prosperous future.”  Instead of creating work for Americans after receiving taxpayer money, the company shipped half its manufacturing jobs to China.  In August, Solyndra declared bankruptcy and laid off 1,100 workers.

2.  Government Motors:  The bailout that General Motors received from the government came with a price:  The carmaker was tasked to create the ultimate green vehicle.  The result—the Chevy Volt—is a product with an exorbitant price tag that nobody wants to buy.  Despite vast government subsidies, GM only sold 3,200 cars in the first eight months since the electric plug-in vehicles hit the marketplace.

3.  Spanish windmills:  Spain’s quixotic quest to create a green-jobs economy should have been a lesson for the United States.  After Spain went crazy subsidizing windmills and solar farms, the result was higher utility bills for consumers, with a loss of 2.2 jobs in other industries for every green job created.  And each green job came at a cost of $774,000 to Spanish taxpayers.

4.  Solar debacle II:  Evergreen Solar Inc., of Massachusetts, which received $58 million in stimulus money and other government largesse, filed for Chapter 11 bankruptcy in August and closed its plant in Midland, Mich.  Not being able to compete against the Chinese and their low-wage workers, the company racked up $485 million in debt and cut 800 jobs, with more cuts to come as the company restructures.

5.  Weatherizing stupidity:  The city of Seattle received $20 million in federal stimulus money to help homeowners make their houses more energy-efficient.  Some 16 months later, 14 jobs were created and three homes were weatherized.  Most of the money went to a company to train workers to weatherize buildings, but the lack of demand for the service meant those trainees had no work to do.

6.  Green (union) jobs:  After Obama’s stimulus package doled out billions to subsidize the weatherization of homes, the Labor Department delayed the project by seven months while it determined the prevailing-wage standards for those green jobs—a sop to the President’s union supporters.  That is just one reason why the program turned into a miserable failure.  In its first year, the program spent $508 million to create 600 jobs and update 9,000 homes nationwide.

7.  Green-car fiasco:  Green Vehicles received $500,000 from the city of Salinas, Calif., and another $187,000 from the state of California as it promised to create 70 new jobs making an innovative three-wheel electric car with a $25,000 price tag.  Little wonder that company folded without making a single car.

8.  Biofuel bust:  Before Republicans took back the statehouse in Pennsylvania, Democratic Gov. Ed Rendell helped support the ethanol producer Bionol Clearfield with $27 million in grants and loans, and by issuing $67 million in tax-free bonds.  But even a deal with Getty Oil to buy the fuel couldn’t save the venture from going belly-up two years after its founding.

9.  Do-nothing government:  Johnson Controls, which manufactures batteries for electric and hybrid cars at its plant in Holland, Mich., received $300 million in taxpayer help and created a grand total of 150 jobs—or $2 million per job.  That must qualify as a huge success in the green-job world, as President Obama visited the facility in August, using the trip to attack Republicans and a “do-nothing government.”  Yes, Mr. President, sometimes doing nothing is preferable to shoveling money into a hole.

10.  Almost two jobs created in Vegas:  Clark County, Nev., which happens to be the home of the gambling mecca of Las Vegas, received $490,000 in stimulus money from the U.S. Forest Service to plant trees in urban neighborhoods (more palm trees on The Strip?).  The stimulus that resulted from the grant to Senate Majority Leader Harry Reid’s home state created 1.7 jobs (one full-time employee and one part time) and 11 temporary jobs.  You get a better return for your money at the slot machines.


TOPICS: Business/Economy; News/Current Events
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1 posted on 09/24/2011 12:20:49 PM PDT by mdittmar
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To: mdittmar

.


2 posted on 09/24/2011 12:27:04 PM PDT by CGASMIA68
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To: mdittmar
Algore's electric sportscar factory in Finland didn't make the top 10? Each car sells for $89,000 each. He got almost as much as Solyndra - $529M!
3 posted on 09/24/2011 12:27:32 PM PDT by SERKIT ("Blazing Saddles" explains it all......)
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To: mdittmar
Jeez.

Nothing about the whole CO2 fiasco, the hole in the ozone layer, or 100 watt lightbulbs?

ML/NJ

4 posted on 09/24/2011 12:28:05 PM PDT by ml/nj
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To: ml/nj

Guess we need a Top 100.


5 posted on 09/24/2011 12:31:47 PM PDT by mdittmar (i)
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To: mdittmar; Tunehead54; golux; tubebender; Fractal Trader; Genesis defender; 4horses+amule; ...
 


Beam me to Planet Gore !

6 posted on 09/24/2011 12:37:15 PM PDT by steelyourfaith (If it's "green" ... it's crap !!!)
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To: mdittmar

We could easily do a top 20 just with the stuff that’s gone down in the last six months. Makes me want to spit.


7 posted on 09/24/2011 12:47:57 PM PDT by upchuck (Rerun: Think you know hardship? Wait till the dollar is no longer the world's reserve currency.)
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To: mdittmar

...................GM only sold 3,200 cars in the first eight months since the electric plug-in vehicles hit the marketplace...................

I wonder how many of those were sold to government agencies???


8 posted on 09/24/2011 1:00:59 PM PDT by Noob1999 (Loose Lips, Sink Ships)
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To: SERKIT

There is a story that is ripe for under-reporting. This is nothing more than a high end hybrid. There is nothing special about it other than the amount of reclaimed wood and animal free products that were crammed into a car built in Finland. I wonder how the UAW feels about this.


9 posted on 09/24/2011 1:11:33 PM PDT by USNBandit (sarcasm engaged at all times)
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To: mdittmar
Pathetic list. Your "top ten green job fiascos" IN TOTAL, don't match the Australian Governments Home Insulation Program. Basically spending a budgeted $A1.45 billion to fit Pink Batts/Metal foil insulation in 2 million Australian homes. How hard could it be?

They say they only spent $1B of that on 1.2million homes before they pulled the plug. But it'll cost another $1.5billion to fix the problems the cowboy contractors attracted by the Government Money caused. Also four people died, as did the career of Rock Star politician Peter Garrett running it. (Ok the last is not a bad thing)

10 posted on 09/24/2011 1:11:47 PM PDT by Oztrich Boy (New gets old. Steampunk is always cool)
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To: mdittmar

Driving this hybrid taxi cab is counted as a green job by the Obama administration.


11 posted on 09/24/2011 1:34:21 PM PDT by Baynative (The penalty for not participating in politics is you will be governed by your inferiors.)
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To: mdittmar

This is what the Lyin’ King does with the tax money he begs for -this and his union pals.


12 posted on 09/24/2011 1:41:39 PM PDT by RoadTest (Organized religion is no substitute for the relationship the living God wants with you.)
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