The group Western Business Roundtable sent an email yesterday about a Spanish study concluding that for every green job created in Spain resulted in the loss of 2.2 other jobs.
The study finds that only one in 10 renewable energy jobs created in Spain were of a permanent nature. Two-thirds consisted of temporary jobs in construction, fabrication and installation jobs; one quarter were positions in administration, marketing and projects engineering; and only one of ten was related to more permanent operations and maintenance of renewable power systems.
The study was prepared under the direction of Dr. Gabriel Calzada, an economics professor at Juan Carlos University in Madrid.
The study calculated that, since 2000, Spain spent $774,000 to create each "green job", including subsidies of more than $1.3 million per wind industry job. It found that creating those jobs resulted in the destruction of nearly 113,000 jobs elsewhere in the economy, or 2.2 jobs destroyed for every "green job" created. Jobs lost were mostly in the fields of metallurgy, non-metallic mining and food processing, beverage and tobacco.
"The loss of jobs could be greater if you account for the amount of lost industry that moves out of the country due to higher energy prices," Calzada said in an interview with Bloomberg News.Western Business Roundtable also noted that the U.S. Energy Information Administration (EIA) recently calculated that Spain's annual emissions of carbon dioxide have increased by nearly 50 percent since the launch of the subsidized "green jobs" program.
The moral of the study, according to Calzada: Renewable energy stimulus and subsidies are not the answer to solving the current economic crisis.
I wonder what will?