Wednesday, October 24, 2012

Green energy would save EU trillions by 2050: report

Green energy would save EU trillions by 2050: report | Reuters
Another benefit is job-creation. The report finds almost totally green energy would lead to half a million extra jobs compared with business as usual, as renewable energy initially demands more workers than carrying on with fossil fuel.
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Tuesday, October 16, 2012

The New Green Energy Bust You'll Hear About at Tonight's Debate - Jordan Weissmann - The Atlantic

The New Green Energy Bust You'll Hear About at Tonight's Debate - Jordan Weissmann - The Atlantic
[...]Mitt Romney memorably, if not exactly accurately, wrote off the Obama administration's attempts to foster green industries when he quipped, "You don't just pick the winners and losers -- you pick the losers." In fact, dozens of companies have received loan guarantees and grants from the Department of Energy as part the $90 billion in stimulus funding dedicated to green power. About $813 million actually went to the handful that went bust, according to Reuters. But that won't help the politics of it. Romney's point sounds true enough, even if it's a gross simplification.
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