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  1. Alicia,

    Vermont’s future will be threatened even more if electricity costs continue to rise due to increasingly rolling expensive, variable, intermittent, ridge line wind energy, 10 c/kWh heavily-subsidized, 15 c/kWh no subsidies, into household and business electric rates.

    Such high electricity costs will chase businesses out of Vermont (job loss) and discourage other businesses from coming to Vermont (no investment and job gain). The research graduates will just go to other states with higher-paying jobs.

    For example: Under the SPEED program, projects sell their energy to the grid at 3-5 times annual average grid prices for 20 years; the high-priced energy is “rolled” into a utilities energy mix, resulting in higher electric rates for households and businesses, higher prices of goods and services, fewer jobs, lower living standards.

    Most of the larger SPEED projects are owned by the top 1% of households that work with lobbyists, politicians and financial advisers to obtain generous subsidies for their tax-sheltered LLC projects that produce expensive energy at high cost/kWh and avoid CO2 at high costs/lb of CO2; inefficient crony-capitalism under the guise of saving the world from global warming and climate change.  

    http://publicservice.vermont.gov/planning/DPS%20White%20Paper%20Feed%20in%20Tariff.pdf

    Wind energy promoters and politicians often tout job creation by RE projects, but do not mention the jobs lost in others sectors of the economy.

    Economists have used standard input-output analysis programs for at least 40 years to the determine the plusses and minuses of various economic activities. Numerous studies, using such economic analysis programs, performed in Spain, Italy, Denmark, England, etc., show for every job created in the RE sector, about 2 to 5 times jobs are destroyed in the other sectors.

    Also, for every 3 green jobs created in the private sector, 1 job is created in government, but, as a general rule, for every job created in government, about 2 jobs are destroyed in the private sector, largely due to added economic inefficiencies; no one would claim government is more efficient than the private sector. In tabular format:

    Total job gain from RE subsidies = 3 in RE sectors + 1 in government = 4.
    Total job loss in private sector due to RE subsidies = 3 times (2 to 5), due to 3 RE jobs created + 2, due to 1 government job created = 8 to 17
    Net job LOSS due to RE subsidies = (loss 8 to 17) – (gain 4) = 4 to 13 

    Such job “creation” is unsustainable. Whether these government jobs are good or bad, needed or not needed, is irrelevant.

    http://vtdigger.org/2012/03/27/digger-tidbits-vermont-ranks-no-1-in-green-job-survey-early-out-for-obama-event-sanders-no-1-congressman-on-twitter/#comment-32109

    Note: This is not the case with increased energy efficiency subsidies. They create jobs in the EE sector, but also create a net increase of jobs in the other sectors, because the reduction of energy costs enables more spending on other goods and services.

    http://en.wikipedia.org/wiki/Input-output_model#cite_note-ref-0
    http://en.wikipedia.org/wiki/Input-output_model
    http://www.texaspolicy.com/pdf/2012-02-PP03-LearningFromOthersMistakes-ACEE-JosiahNeeley.pdf
    http://conservativedailynews.com/2011/09/green-jobs-why-wont-obama-learn-from-europe/
    http://sistertoldjah.com/archives/2011/02/28/study-green-initiatives-actually-costing-more-jobs-than-they-create/?wpmp_switcher=mobile
    http://greatlakeswindtruth.org/breaking-news/117-for-every-green-job.html
    http://www.alabamapolicy.org/viewpoints/print.php?id_art=481
    http://conservative-outlooks.com/2011/03/12/green-jobs-fruit-of-the-poison-tree/
    http://budget.house.gov/News/DocumentSingle.aspx?DocumentID=261226
    http://www.aei.org/article/energy-and-the-environment/the-myth-of-green-energy-jobs-the-european-experience/

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