More Green Fail in The News

Russ Steele

Bloomberg:

First Solar Inc. (FSLR), the largest thin- film panel maker, will cut 30 percent of its workforce, about 2,000 jobs, as demand in Europe slows faster than the company can expand in emerging markets in Asia. The shares surged.

Most of the jobs to be eliminated will be at a factory it’s closing in Germany and in Malaysia, where it’s idling four production lines, the Tempe, Arizona-based company said today in a statement. The company will pay $245 million to $370 million in severance and related costs.

Breitbart.com:

A recent lengthy report by Reuters confirms what many conservatives have long known: President Obama’s promise to create millions of so-called “green jobs” has been a colossal and expensive failure.

A few highlights from the report:

   1)  Since 2009, the wind industry has lost 10,000 jobs, even as the energy capacity of wind farms has almost doubled.  By contrast, the oil and gas industry have created 75,000 jobs since Mr. Obama took office.
   2)  “A $500 million job-training program has so far helped fewer than 20,000 people find work, far short of its goal.”  The program was so bad that “the Labor Department’s inspector general recommended last fall that the agency should return the $327 million that remained unspent.”  They didn’t.  And now, the department “remains far short of its goal of placing 80,000 workers into green jobs by 2013.”
    3) According to the Labor Department’s own figures, the push for so-called “green jobs” has been an abysmal failure.  “By the end of 2011, some 16,092 participants had found new work in a “green” field, according to the Labor Department – roughly one-fifth of its target.”
 

Even with all this evidence,  California under CARB’s guidance, continues to plunge forward into the green economy, seeking green jobs in alternative power.

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About Russ Steele
Freelance writer and climate change blogger. Russ spent twenty years in the Air Force as a navigator specializing in electronics warfare and digital systems. After his service he was employed for sixteen years as concept developer for TRW, an aerospace and automotive company, and then was CEO of a non-profit Internet provider for 18 months. Russ's articles have appeared in Comstock's Business, Capitol Journal, Trailer Life, Monitoring Times, and Idaho Magazine.

7 Responses to More Green Fail in The News

  1. sean2829 says:

    At some point in time, the people at CARB will read the newspaper. California was never a leader in this endeavor if you consider the entire global effort. While Europe gets a lot of press from the EU’s efforts, Great Britain is the only country to legislate carbon reduction targets. That is hanging on by a thread, particularly in light of the economic slow down in their economy, government austerity programs and the discovery of fairly vast supplies of shale gas. They are ready to abandon land based wind mills and embrace their new found fossile fuel wealth. When that happens and the EU backs down on application of their ETS scheme to foreign airlines, I suspect there will be at least another delay in the implementation of California’s cap and trade. And if the Democrats lose control of Congress and the Whitehouse, then its pretty clear California will not be poised to lead, rather it will simply be a counter cultural outlier in the great eco flame out.

  2. Dena says:

    I have been by First Solar’s headquarter in Tempe Arizona several times and they spent way to much on the building. It is a work of art and I was wondering how long it would be before they went down the tube. I don’t have a picture of it and most of the time it’s a bit out of the way because it’s in a part of Tempe that I don’t go through often.
    I guess it will make great office space for some other company in the future after it’s picked up from a fire sale.
    The only good I can think I can think of that will come out of this is that it’s location is near ASU. It’s possible the students will have an object lesson about the green economy.

  3. stevefrisch says:
  4. Dixon Cruickshank says:

    Ya I saw that Ford sold how many new electric cars in 2 months – that would be ZERO – if the Gov buys electric cars that they already paid for does that make it a market success

    No they just bought them twice – Steve if you build something and buy it yourself thats not success sorry for your loss

  5. sean2829 says:

    Speaking of reading the newspaper, the Guardian in the UK has an article on how Europe is going about meeting it’s carbon goals: http://www.guardian.co.uk/environment/2012/apr/18/eu-juking-stats-carbon-schemes . So there is another lesson CARB can learn from Europe, fudge the numbers and double count.

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