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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Cogito who wrote (111635)	5/22/2009 7:34:51 AM
From: slacker711	Read Replies (1) \| Respond to of 541687

Here is an article about the study on the impact of the subsidies for alternative energy in Spain. online.wsj.com Here is the study itself. juandemariana.org I have no idea if the source is a reputable institution, so you can quibble with the numbers. However, I dont really think many would dispute that energy subsidies end up costing jobs in the economy. Those subsidies are put in place to support inefficient modes of production, which pretty much by definition means that they are reducing overall output and jobs. The supporters of green jobs (when they are honest) have to believe that some long-term factors will mitigate these job losses. One is that other countries will mandate alternative energy production and our lead would allow us to export the technologies we have created. Two would be that these technologies would reduce the imact of global warming to an extent that would save jobs. Three would be that we are speeding up the day that these technologies can be created without subsidies and may ultimately provide cheaper sources of energy over the long-term. It is possible that all three of those factors will make alternative energy a bonanza for the US, but we still should acknowledge that there is a negative impact until we see some of those scenarios come true. Slacker