Most Americans are likely to agree that is it important to preserve the environment for future generations. Whether individuals believe in the global warming hysteria or not, we all tend to value a society with an abundance of clean air and fresh water. Unfortunately, trendy environmentalists are more inclined to use the power of government to force individuals to live a greener lifestyle. Often times, these well-intended “green” initiatives have harmful unintended consequences. In order to help protect the environment while not infringing on individual liberties, America must seek to promote free market environmental solutions that will add jobs to our economy.
Since the 2008 campaign trail, Obama has been claiming that his overall “green” plan would create 5 million green jobs over the next 10 years. However, Obama’s “green” agenda will kill more jobs than it aims to create.
According to the U.S Chamber of Commerce, the House passed “green” cap and trade bill will cost a net loss of 3.2 million jobs by 2030. The intention behind the misguided bill is to reduce carbon emissions by taxing some energy sources. While the Cap and Trade bill will create some new jobs, the “green” bill will take away $22 billion annually from the private sector.
Consequently, cap and trade will destroy more jobs in the energy sector while preventing the creation of new jobs in other private industries.
In numerous speeches, President Obama has stated that America’s energy policy should be modeled after Europe’s failed “green energy” project.
During a speech in Ohio, Obama claimed that countries in Europe have superior energy policies, “And think of what’s happening in countries like Spain, Germany and Japan, where they’re making real investments in renewable energy. They’re surging ahead of us, poised to take the lead in these new industries.”
In reality, Europe’s experiments with government subsidized renewable energy and “green” jobs have been a costly disaster. A study by King Juan Carlos University in Madrid reveals that at least 2.2 jobs are destroyed in Spain for every “green” job created. Moreover, only one of ten jobs created turned into permanent jobs. Taxpayers were also forced to pay $774,000 for every single “green” job created. Yet, the study does not even mention the job losses due to industries moving out of the country to escape high energy prices. Since Spain has one of the highest unemployment rates in Europe at 20 percent, their “green” jobs program has clearly failed to “surge ahead of us.”