Washington, D.C.--Protesters supporting a "green jobs" program gathered on Capitol Hill today to promote a new study that shows Spain -- a country already heavily invested in green jobs -- had to spend $833,000 per new green job, and sacrificed 2.2 non-green jobs for every new green job created.Green jobs supporters hailed the findings to justify "an American job recycling plan" in which two jobs from more productive sectors would be recycled to create each new job in a less productive sector.
If the findings in Spain are at all comparable to what could be expected from an American green jobs program, President Obama's promise to create 5 million green jobs will cost 11 million jobs in other sectors, and the medium-term increase in unemployment would be 6 million jobs.
Associated reports: http://www.juandemariana.org/pdf/090327-employment-public-aid-renewable.pdf; Washington Times; Politico; New York Times; Reuters
