Thursday, May 9, 2013

Obama Administration Spent $11 Million Per Green Energy Job

weaselzippers has;
Report: Obama Administration Spent $11 Million Per Green Energy Job

Only $11 million? What a bargain.
Despite the Obama administration’s generous support for green energy, job creation in the sector has both lagged and come at a hefty cost to taxpayers, according to a new report.
According to the Institute for Energy Research, the Department of Energy has spent nearly $26 billion since 2009 on its Section 1703 and 1705 loan programs. However, these two programs only yielded 2,308 permanent jobs — meaning the cost to taxpayers was $11.25 million per job.
“Clearly, in terms of ‘bang for the buck,” government programs that coddle renewable energy are losers,” according to IER. “In terms of jobs, the losers are the American workers who would otherwise be gainfully employed but for the tremendous waste of taxpayer dollars on the administration’s obsession with “green energy.’”

Thank You Zip and Daily Caller.

And what America got in return for those $11 Million apiece jobs?

Dee-licious. Save Mother Gaia.

Obama's Green/Dual Use Technology Giveaway To The Communists

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