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Monday, October 5, 2009

Too Late for a Green Jobs Stimulus

There was a lot of hoopla of the green movement during elections, but what happened? Sidetracked? You bet with healthcare, also oil prices dropped again, global demand dropped, supply increased and then I could go on about the dollar, just visit my last posts. Furthermore, don't get me started with Van Jones, the former Green Tsar/Csar. Well, too late for an economic stimulus from green jobs for this round that was supposed to be 5 million jobs, but another opportunity is coming. First of all, retraining, if we stimulated a green job market, it would require so much retraining that the economy would not reap the benefits for atleast a year. Second, you always have to bring in the cost to any equation, which is estimated 100K per person or $500 billion. Although I am for clean energy and would be interested in learning more about how solar panels work, right now the timing would not be optimal for the training to change to clean energy, but read on. It is an unfortunate fact that with new technology, especially in energy, which hasn't had a large innovation since nuclear that is in wide use, the efficiency of the new technology is simply that more efficient, which would take away more jobs than there are from the more inefficient older technologies such as hydroelectric and coal, as the Spanish are finding out after 5 years. However, before the economy eventually comes back, probably later next year, this would be the time to introduce that green jobs re-training. The test would be the administrations ability to multi-task, but this would lead to more chaos than anything else.

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