Emulate Spain’s Green Economy? No Thanks, Mr. President – Planet Gore – National Review Online

“Spain admits that the green economy sold to Obama is a ruin.”

The story goes on to note that President Obama has cited Spain as an exemplar of an ecologically sound energy economy no fewer than eight times. As I have repeatedly noted in this space — with the able assistance of Spanish economist Gabriel Calzada – for every green job created by the Iberian nation’s massive investment in renewable energy, that transfer of wealth to uneconomic activities cost the economy 2.2 jobs in opportunity cost, as well as direct job losses thanks to the increased cost of electricity (like sending steel jobs to Kentucky, as I’m told Rand Paul noted in one victory speech or another).

via Emulate Spain’s Green Economy? No Thanks, Mr. President – Planet Gore – National Review Online.

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