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Tuesday, October 13, 2009
How’s that stimulus funding for green jobs working out?
Kathleen Hartnett White of the Texas Public Policy Foundation reports those jobs are arriving—but they’re temporary, expensive and won’t deliver on the Obama administration’s promises.
How’s that stimulus funding for green jobs working out?
Kathleen Hartnett White of the Texas Public Policy Foundation reports those jobs are arriving—but they’re temporary, expensive and won’t deliver on the Obama administration’s promises.
“Your tax dollars from the $787 billion American Recovery and Reinvestment Act (ARRA) have begun to flow freely to ‘renewable energy facilities’ in Texas,” Ms. White says. “The stimulus bill tagged at least $110 billion for ‘clean’ energy projects. The Penescal Wind Farm in Sarita (near Corpus Christi) recently received a $114 million stimulus grant. Penescal Developers will use the money to double the size of the facility.”
A closer look shows the stimulus money will simply serve to prop up an industry that’s full of hot air.Read Full Article
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