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Regulating to Disaster: How Green Jobs Policies Are Damaging America's Economy Kindle Edition
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But in Regulating to Disaster, Diana Furchtgott-Roth debunks that myth. Instead, energy prices rise dramatically and America’s economic growth and employment rate suffer in some states much more than others when government invests in nonviable ventures such as the bankrupted Solyndra, which the Obama Administration propped up far too long.
Electric cars, solar energy, wind farms, biofuels: President Obama’s insistence on these dubious pursuits ultimately hamstrings American businesses not deemed green enough, and squeezes struggling households with regulations. Adding insult to injury: the technology subsidies Americans pay for solar panels, wind turbines, and electric batteries really help create manufacturing jobs in China and South Korea.
Green jobs are the most recent reappearance of a perennial bad idea government regulation of certain industries, designed to anoint winners and losers in the marketplace. Regulating to Disaster reveals the powerful nexus of union leaders, environmentalists, and lobbyists who dreamed up these hoaxes, and benefit politically and financially from green jobs policies. Unfortunately, there are more Solyndras on the horizon, and our economy is in no shape to absorb them.
- LanguageEnglish
- PublisherEncounter Books
- Publication dateSeptember 25, 2012
- File size1544 KB
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Product details
- ASIN : B00973T87C
- Publisher : Encounter Books (September 25, 2012)
- Publication date : September 25, 2012
- Language : English
- File size : 1544 KB
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Not Enabled
- Word Wise : Enabled
- Sticky notes : On Kindle Scribe
- Print length : 310 pages
- Best Sellers Rank: #3,565,802 in Kindle Store (See Top 100 in Kindle Store)
- #801 in Green Business (Kindle Store)
- #1,686 in Green Business (Books)
- #3,808 in Economic Policy & Development (Kindle Store)
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We are victims of a false choice. Choose between inexpensive but polluting coal power plants and expensive less polluting solar power plants. We are not to see through this trick. Skip power plants and use the sun directly for light, for drying, for heating.
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