Green energy has long been a pet cause for President Barack Obama and the Democrats, and the administration has rolled tons of taxpayer dollars into that business sector. No energy is truly green, but that’s a quibble for another blog day.
Now we’re learning there’s a whopping price tag for those jobs the president praises. The Institute for Energy Research pointed out:
[F]or the over $26 billion spent since 2009, DOE Section 1703 and 1705 loan guarantees have created only 2,298 permanent jobs for a cost of over $11.45 million per job.
In 2008 the president promised to create 5,000,000 green jobs.