BROOKS: Green technology in America: A sad story
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#1 Oct 21, 2012
Then, in 2008, Barack Obama seized upon green technology and decided to make it the centerpiece of his jobs program. During his presidential campaign he promised to create 5 million green tech jobs. Renewable energy has many virtues, but it is not a jobs program. Obamas stimulus package set aside $90 billion for renewable energy loans and grants, but the number of actual jobs created has been small. Articles began to appear in the press of green technology grants that were costing $2 million per job created. The program began to look like a wasteful disappointment.
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