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‘Green’ Schemes Make Energy Cost More

John Stossel — NewsMax — May 2, 2012

The human brain is torn between simple intuition and the more complex hard work of figuring out the unintended consequences of any policy.
Who doesn’t like thinking about trees and greenery and happy animals? Who doesn’t want to see steps taken to protect those things, all else being equal? But all else is not equal. Civilization doesn’t work when central planners treat each tree as if its value is infinite.
Politicians specialize in convincing you that, with their help, you can have your cake and eat it, too. The idea of a new “green economy” that is both clean and rich with jobs became popular under Bill Clinton’s administration, thanks in large part to a compliant media and Vice President Al Gore. But anyone who understands economics knows that President Obama’s green jobs initiative is snake oil.
Obama boasted that his $2.3 billion plan would “help close the clean-energy gap between America and other nations.” But other nations now move in the opposite direction.
“Countries are cutting these programs because they realize they aren’t sustainable and they are obscenely expensive,” says the American Enterprise Institute’s Kenneth P. Green. In Spain, economists at La Universidad Rey Juan Carlos found that each “green” job cost more than $750,000.

Link to article at NewsMax

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One Comment on “‘Green’ Schemes Make Energy Cost More”

  1. justturnright May 2, 2012 at 5:55 pm #

    Reblogged this on Two Heads are Better Than One and commented:
    ***Courtesy of the blog QUIXOTES LAST STAND***
    If you are not familiar with John Stossel, he is host of “Stossel” on the Fox Business Network. He’s also the author of “Give Me a Break” and of “Myth, Lies, and Downright Stupidity.”

    Enjoy.

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