Friday, November 26, 2010

A Message Without Resonance? Green Jobs Creation Slowed By Cheap Price of Dirty Energy | Age of Engagement | Big Think
"Green energy investment has been a central talking point of the Obama administration's job growth strategy," said Samuel Sherraden, a policy analyst at the New America Foundation, a nonpartisan research organization. "It was a little bit too ambitious given the size and depth of the recession and the small size of the renewable energy industry."

Sherraden said it was unwise for the administration to invest so heavily in green energy, at least if short-term job creation was the goal. He said green energy comes with "political and market uncertainty" that has overwhelmed its job creation potential....

...other administration officials acknowledge that it is likely to be years before the spending on green energy produces large numbers of jobs.

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