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Thread: $9 Billion in ‘Stimulus’ for Solar, Wind Projects Made 910 Final Jobs -- $9.8 Million

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    $9 Billion in ‘Stimulus’ for Solar, Wind Projects Made 910 Final Jobs -- $9.8 Million

    $9 Billion in ‘Stimulus’ for Solar, Wind Projects Made 910 Final Jobs -- $9.8 Million Per Job

    (CNSNews.com) – The Obama administration distributed $9 billion in economic “stimulus” funds to solar and wind projects in 2009-11 that created, as the end result, 910 “direct” jobs -- annual operation and maintenance positions -- meaning that it cost about $9.8 million to establish each of those long-term jobs.
    At the same time, those green energy projects also created, in the end, about 4,600 “indirect” jobs – positions indirectly supported by the annual operation and maintenance jobs -- which means they cost about $1.9 million each ($9 billion divided by 4,600).
    Combined (910 + 4,600 = 5,510), the direct and indirect jobs cost, on average, about $1.63 million each to produce.

    [snip]

    Add in the indirect jobs -- high estimate of 4,600 -- and there are 5,510 total jobs (direct and indirect). Starting with the $9 billion in grants, the end result to establish 5,510 jobs averages out to $1.63 million per job.
    Sometimes I wonder if :moron:Obama is bankrupting us on purpose.

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    Imagine how long a business would stay in business if it operated like that.

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    Then on his first video release. He was bragging about all those green sector jobs he has created.

    9 Billion for 5500 jobs. No wonder the Blue Dogs are bailing on him.
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

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    No wonder everyone is bailing on him. Don't know how the water carriers can maintain - those bucket are so heavy.

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    Regarding Obama, the words lying, arrogance, incompetence, and stupidity come to mind.

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    Cool I See Your Point !

    Quote Originally Posted by Trinnity View Post
    No wonder everyone is bailing on him. Don't know how the water carriers can maintain - those bucket are so heavy.

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    Agree, Obama and the Dems take it from the people, or their children, or grandchildren and redistributes it to their crony friends. Someone's going to have to pay for this liberal madness.

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    Wind farms generating revenue in small towns...

    Wind farms generating revenue in small towns
    November 14, 2012 - Three New England farms on track to begin operations before the end of the year promise to bring clean energy, tax revenue, and jobs to economically hard-hit regions
    On a pair of hillsides in Downeast Maine, the blades of 19 wind turbines began rotating for the first time recently, spinning air into energy for the Boston utility NStar. The Blue Sky East project is the first of three New England wind farms — including the largest yet to be built in Massachusetts — that will begin operations before the end of the year and sell their power to NStar.

    Together, they will generate enough electricity to supply roughly 50,000 homes, providing a cheaper source of power for NStar’s customers while increasing economic activity in rural areas that desperately need it. “The projects not only put people to work in rural communities,” said Paul Gaynor, chief executive of First Wind, the Boston company that developed Blue Sky East, “they also generate tax revenues for small towns to help keep taxes down and pay for important community priorities.”

    Blue Sky East is located in Eastbrook, Maine, a town of just over 400 located about 40 miles east of Bangor. In addition, wind farms will soon will soon start generating power in Groton, N.H., and the Western Massachusetts towns of Florida and Monroe. These three projects, with a combined 62 turbines, will help NStar meet half the state requirement that utilities use long-term contracts get at least 3 percent of their power from renewable sources such as wind and solar. Energy from the controversial offshore Cape Wind project will more than cover the rest.

    “It [means] clean power for our customers for years to come,” said James Daly, vice president of energy supply for Northeast Utilities, NStar’s parent company. Electricity from the these new, land-based wind projects is expected to be cheap because NStar signed 10- to 15-year-long contracts, which, by guaranteeing a customer for the electricity, helped lower the cost of financing the wind farms.

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