MONDAY, MAY 4 – 1:00 pm, 214 Mass. Ave. NE, Wash DC
Washington, D.C. – As the new administration continues to cite Spain as a model to be followed in executing an aggressive, government-directed, what it terms “successful” national program to create “green jobs,” a new study released by Spanish economist and professor Gabriel Calzada tells a very different story. Among its findings:
For every 1 green job financed by Spanish taxpayers, 2.2 real jobs were lost as an opportunity cost 9 out of 10 green jobs created by Spain over the past 10 years are no longer in existence today.
Since 2000, Spain has spent €571,138 ($753,778) to create each “green job,” including subsidies of more than €1 million ($1,319,783) per wind industry job.
Those programs resulted in the destruction of nearly 113,000 jobs elsewhere in the economy.
Each “green” megawatt installed destroyed 5.39 jobs in non-energy sectors of the Spanish economy.
On Monday, May 4, Dr. Gabriel Calzada, of King Juan Carlos University in Madrid, will join Institute for Energy Research (IER) economist Robert Murphy, York College’s William T. Bogart, and Ben Lieberman, senior energy policy analyst at the Heritage Foundation, on a wide-ranging panel exploring the topic of “green jobs” – what we know, what we don’t, and in what ways U.S. policymakers can learn from the Spanish experience.
The event is open to the media. To RVSP,
please visit:
What: Panel discussion on Green Jobs
When: Monday, May 4, 2009
1:00 p.m. – 2:00 p.m.
Where: The Heritage Foundation’s Lehrman Auditorium
214 Massachusetts Ave., NE; Washington, D.C.
Who: Dr. Gabriel Calzada, Professor, King Juan Carlos University, Madrid, Spain
Robert Murphy, Economist, Institute for Energy Research
William T. “Tom” Bogart, Professor of Economics, York (Pa.) College
Hosted by:
Ben Lieberman, Senior Policy Analyst, Energy and Environment,
Thomas A. Roe Institute for Economic Policy Studies, The Heritage Foundation
Spanish study:
Murphy study:
Bogart study:
Institute for Energy Research——
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The Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and environmental challenges and, as such, are critical to the well-being of individuals and society.
