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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (554473)3/11/2010 1:37:44 PM
From: tejek  Read Replies (1) of 1575173
 
Subsidizing renewable energy in the U.S. may destroy two jobs for every one created if Spain’s experience with windmills and solar farms is any guide.

For every new position that depends on energy price supports, at least 2.2 jobs in other industries will disappear, according to a study from King Juan Carlos University in Madrid.

U.S. President Barack Obama’s 2010 budget proposal contains about $20 billion in tax incentives for clean-energy programs. In Spain, where wind turbines provided 11 percent of power demand last year, generators earn rates as much as 11 times more for renewable energy compared with burning fossil fuels.

Are you telling us not to innovate and to try and stop our dependency on oil because it will cause job losses in the oil industry? I know conservatives are not progressive but come on......with that attitude we would still be driving around wooden carts with stone wheels.
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