$1.3B Greendoggle in Sen. Reid's Nevada: $4.6 Million per Job, and 4X the Cost of Fossil Fuels
- Post 11 August 2012
- By Professor Mark J. Perry
(Professor Mark J. Perry) - LAS VEGAS (NEVADA JOURNAL) — "As U.S. Senate Majority Leader Harry Reid prepares to host his fifth annual National Clean Energy Summit on Aug. 7, a Nevada Journalexamination of Nevada’s renewable energy sector shows that over $1.3 billion in federal taxpayer funds funneled into geothermal, solar and wind projects since 2009 has yielded and is projected to yield just 288 permanent, full-time jobs.
That’s an initial cost of over $4.6 million per job.
Despite this, Sen. Reid continues to hype Nevada as the “Saudi Arabia of renewable energy,” even though the renewable energy subsidized with federal taxpayer dollars and mandated under Nevada’s Renewable Portfolio Standard costs consumers and NV Energy, Nevada’s publicly regulated utility company, up to four times as much as fossil fuels, such as natural gas. ... continues here...
"Question all which is 'taught,' dig deeper, think clearly, respond profusely. Conformity is the antithesis of free thought and self-determination." -- Standard Pearls