Tuesday, October 20, 2009

Wow, how about those green jobs in Denmark!

Based on the total subsidies to the Danish wind industry, the average subsidy for the 28,000 workers employed in this sector equals US$9,000 to US$14,000 per year per job. However, this average subsidy does not reflect the actual cost of the additional job creation. In most cases, creating a job in the wind sector has only moved that job from another sector and not resulted in any additional job creation. A very optimistic ball park estimate of real net jobs created is around 10% of the total wind power work force, or 2,800 jobs.  In this case, the actual subsidy for each additional job created is US$90,000 to US$140,000.

Posted via email from Garth's posterous

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