Can Subsidizing Green Jobs Make Economic Sense?

There are expensive gambles we can make and none are in the forefront of cultural thought more than penalizing current businesses and subsidizing 'green' ones to protect the environment.   California, with a deficit that can basically never be repaid and $100 billion in unfunded pension liabilities, still subsidizes hundreds of millions in green tech companies with no benefit to-date. Pres. Obama thinks we should subsidize green companies also, to the tune of $2.3 billion in Recovery Act tax credits for green manufacturers.  read more

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