Market Meddling Will Not Work

Green, Kenneth P.
March 2010
U.S. News & World Report;Mar2010, Vol. 147 Issue 3, p10
The author argues that government efforts to promote economic growth in the U.S. by championing clean energy are bound to fail. When government uses tax dollars to subsidize one industry, it destroys jobs in another. The example of Spain is instructive. Each job created by Spain's investment in renewable energy has cost about $750,000, and 90% of them have not been permanent.


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