Renewables Supporters Miss the Point of Scotland Study
The Verso Study: Each renewable job “created” in Scotland as the result of government support came at the expense of 3.7 jobs elsewhere in the economy
By Institute for Energy Research —— Bio and Archives--April 6, 2011
Global Warming-Energy-Environment | Comments | Back To Full Article
A recent study found that each renewable job “created” in Scotland as the result of government support came at the expense of 3.7 jobs elsewhere in the economy. Sadly, even in the homeland of Adam Smith, the critics of the study don’t even understand the economic problems involved with subsidies and preferential treatment. They simply repeat their mantra that green is good, oblivious that their preferred programs destroy jobs and lead to lower wages.
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