Thursday, March 26, 2009

Will Going green really create jobs?

Some economic evidence of the green job creation hype.

The following is from a new study just released.

A group of studies, rapidly gaining popularity, promise that a massive program of government mandates, subsidies, and forced technological interventions will reward the nation with an economy brimming with green jobs. Not only will these jobs allegedly improve the environment, but they will pay well, be very interesting, and foster unionization. These claims are built on 7 myths about economics, forecasting, and technology. Our team of researchers from universities across the nation surveyed this green jobs literature, analyzed its assumptions, and found that the special interest groups promoting the idea of green jobs have embedded dubious assumptions and techniques within their analyses. We found that the prescribed undertaking would lead to restructuring and possibly impoverishing our society. Therefore, our citizens deserve careful analysis and informed public debate about these assumptions and resulting recommendations before our nation can move forward towards a more eco-friendly nation. To do so, we need to expose these myths so that we can see the facts more clearly

Morriss, Andrew P., Bogart, William T., Dorchak, Andrew and Meiners, Roger E.,7 Myths About Green Jobs(March 11, 2009). U Illinois Law & Economics Research Paper No. LE09-007. Available at SSRN:

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