“Green Jobs” are inefficient jobs
The Rheinisch-Westfälisches Institut für Wirtschaftsforschung, a German think tank, issued a report on its analysis of German subsidization of “green jobs”. The PDF is here for your enjoyment.
Not a pretty tale, for it finds that subsidization of “green jobs” in alternative energy is simply a failure.
Although Germany’s promotion of renewable energies is commonly portrayed in the media as setting a “shining example in providing a harvest for the world” (The Guardian 2007), we would instead regard the country’s experience as a cautionary tale of massively expensive environmental and energy policy that is devoid of economic and environmental benefits.