- For every 1 green job financed by Spanish taxpayers, 2.2 jobs were lost as an opportunity cost.
- Only 1 out of 10 green job contracts were in maintenance and operation of already installed plants, and most of the rest of the working positions are only sustainable in an expansive environment related to high subsidies.
- Since 2000, Spain has committed €571,138 ($753,778) per each "green job,"
- Those programs resulted in the destruction of nearly 110,500 jobs.
- Each "green" megawatt installed on average destroyed 5.39 jobs elsewhere in the economy, and in the case of solar photovoltaics, the number reaches 8.99 jobs per megawatt hour installed.
The Spanish and Germans are doing it. So are the French. The British might have to do it. Austerity-whacked Europe is rolling back subsidies for renewable energy as economic sanity makes a tentative comeback. Green energy is becoming unaffordable and may cost as many jobs as it creates. But the real victims are the investors who bought into the dream of endless, clean energy financed by the taxpayer. They forgot that governments often change their minds.