Monday, March 30, 2009

Green jobs not so good?

A study of Spain’s clean energy initiative by an economics professor at Juan Carlos University in Madrid shows that for every green collar job created 2.2 jobs are lost. If the numbers are correct, the Obama administration could lose around 6 million jobs if they continue their plan for green job creation. Spain might be an important case study before the US implements a plan and it shows that even the best plans can fail.