And this is just an excerpt… and so many billions in green jobs projects that just went to cronies and campaign contributors to make them rich. When you are done reading be sure to click the link below and read the rest. Also, retired famed super athlete Christine Lakatos now tracks these green energy projects and dollars on her web site which has shown to be very illuminating as to just how far this corruption has progressed.
Townhall Finance Columnist Marita Noon excerpt:
With the assistance of researcher Christine Lakatos, I have been chronicling Obama’s stimulus-funded green energy failures. First we looked at the companies that have gone bankrupt, and then those that are heading that way—or, at least, have financial issues. Within those reports, we frequently addressed specific green jobs failures. For example, regarding Fisker, the electric car made in Finland, we say:
“ABC reported: ‘Vice President Joseph Biden heralded the Energy Department’s $529 million loan to the start-up electric car company called Fisker as a bright, new path to thousands of American manufacturing jobs.’ Those jobs didn’t materialize—at least not in America. … Two years after the loan was awarded, the Washington Post stated that Fisker ‘has missed early manufacturing goals and has gradually pushed back plans for U.S. production and the creation of thousands of jobs’… Now, in 2012, Fisker Automotive is laying off staff in order to qualify for more government loans. So, President Obama’s ‘green’ energy stimulus was supposed to create jobs; now it’s destroying jobs so that companies can get more stimulus?”
About now-bankrupt, and under-investigation for fraud, Abound Solar, we wrote:
“President Obama, in July 2010, praised Abound Solar, which was to make advanced solar panels … He believed these plants would be huge job creators: ‘2000 construction jobs and 1500 permanent jobs.’ In December 2011, CEO Craig Witsoe called Abound Solar the “anti-Solyndra” saying that his company is “doing well and growing.” However, just months after that optimistic report, Abound Solar filed bankruptcy…”
Due to the various loans, grants, and subsidies, it would take an investigative team made up of dozens of people to ferret out each and every true green-energy job that was created, absent that, we are hitting the high points in attempt to answer Ryan’s question: “Where are the 5 million green jobs?”
Short answer, even optimistically—and perhaps deceptively, according to a Bureau of Labor Statistics (BLS) news release, only 3.1 million green jobs were created. To reach this number, BLS counts jobs that “were associated with the production of green goods and services,” specifically those which “are found in businesses that produce goods and provide services that benefit the environment or conserve natural resources.” It is important to note that most of these 3.1 million jobs are primarily pre-existing jobs that have been reclassified as “green.” Once those existing jobs were shifted into the green column, through three-quarters of 2011 only 9,245 new “green” jobs were generated when the White House touts generating over 200,000 new jobs by 2010.
The House Oversight Committee wondered, just what are those jobs that are “associated with the production of green goods and services?”
On June 6, 2012, at a House Oversight hearing Rep. Darrell Issa (R-CA) questioned BLS Director John Galvin on his agency’s green jobs numbers. Through Galvin’s reluctant responses (he didn’t want to be there), we learned that the Obama administration’s labor department counts oil lobbyists, bus drivers, garbage men, etc., as green jobs—shameful, embarrassing, deceptive. According to how BLS rates green jobs, I have a green job. I qualify under several headings. After all, I do education and public awareness on environmental issues. Next time I am at a social event, where I am asked the inescapable: “What do you do?” I’ll respond: “I have a green job.”
Complete details can be found in a report on the “Green Job Myth” from the Institute for Energy Research (IER). It states: “the green-job definition is extremely broad and includes both direct and indirect jobs.” Each of the following would qualify:
A person who sweeps the floor in a solar-panel manufacturing facility
A driver of a hybrid bus
A school bus driver
An employee who fills the bus with fuel
An employee involved in waste collection or water and sewer operations
A clerk at a bicycle repair shop
A manufacturer of rail cars
An oil lobbyist whose company is engaged in environmental issues
An employee of an environment or science museum.
Now that we know what the BLS constitutes as a green job—even recycled ones; those that already existed—we’ll look at the billions of taxpayer money spent on green jobs. We’ll focus specifically on just two programs: the Loan Guarantee Program and the Renewable Energy Grant Program.
On June 19, 2012, Veronique de Rugy, a senior research fellow at the Mercatus Center at George Mason University, testified at the House Committee on Oversight and Government Reform hearings on the Loan Guarantee program. Within her thorough assessment of the program, she states: “since 2009, Department of Energy has guaranteed $34.7 billion in loans, 46 percent through the 1705 loan program, 30 percent through the 1703 program, and 14 percent through the Advanced Technology Vehicles Manufacturing (ATVM) loan program.” And, that “some 2,378 permanent jobs were claimed to be created under the program. This works out to a potential cost per job of $6.7 million.”
The 1603 Grant Program was implemented as part of the Obama stimulus, and is administered by the Treasury Department, with the goal of reimbursing eligible applicants for a portion of the costs of installing specified energy property used in a trade or business or for the production of income. Basically, 1603 gives billions in favored-businesses, tax-free cash gifts that do not have to be paid back.
The June 19, 2012 Subcommittee on Oversight and Investigations hearing on “The Federal Green Jobs Agenda,” highlighted the “gimmick” accounting method used by the BLS. Testimony revealed that a multi-billion dollar stimulus program, the section 1603 grants for renewable energy, does not even include job creation among its primary objectives—which obviously contradicts the purpose of the 2009 trillion-dollar Obama stimulus package.
Congressional Research Services expert, Dr. Molly Sherlock, deflected direct questions regarding the total jobs created by the 1603 program. “If you’re looking at the direct jobs, this one estimate has direct jobs created at 3,666 in the construction phase, and direct jobs created at 355. Direct jobs would just be the construction jobs and the ongoing operations and maintenance jobs. But if you wanted to look at the supporting jobs in other industries then you’d want to look at the other figures.”
According to the Washington Free Beacon, Rep. Cory Gardner (R-CO) pressed on: “I just want to know how many jobs were created”
Sherlock admitted: 355 jobs created a year, for $10 billion—which comes out to about $28 million per job.