Saturday, November 13, 2010

Green Jobs Cut Despite $500 Million Government Subsidy

Editorial, The Orange County Register, 11 November 2010

Listening to outgoing Gov. Arnold Schwarzenegger and incoming Gov. Jerry Brown, Californians might think the California economy's salvation lies in so-called "green jobs," which now account for about 3 percent of the state's workforce.

What boosters of green jobs don't usually mention is most of these jobs require substantial taxpayer subsidies and other special government treatment even to exist in a competitive market. It appears now that even a half-billion dollars in government aid is no guarantee of success.

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