Busting the Myth of Green Jobs
Recorded on May 4, 2009
Location: The Heritage Foundation's Lehrman Auditorium
Central to the new administration's economic recovery plan is
President Obama's goal to create and sustain five million
"green-collar" jobs - using tools such as cap-and-trade to
dramatically increase the cost of conventional energy so that new
industries focused on renewable and alternative energy can become
competitive, grow their market, and start employing American
To sell that plan to the American people, the President has
often invoked the example of Spain - a nation with more than a
decade of experience using taxpayer resources to subsidize "green"
industries. However, a new study by Spanish economist and
professor Gabriel Calzada reveals, Spain's green jobs experience is
much more a cautionary tale than a blueprint for success.
Join Dr. Calzada, along with Institute for Energy Research (IER)
economist Robert Murphy, York College (Pa.) professor Tom Bogart,
and Heritage energy analyst Ben Lieberman, to explore the lessons
of Spain, and examine some of the fundamental flaws in the green
jobs-as-an-economic-salve line of argument.