It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
One of the leading leftwing environmentalists last week described the hundreds of thousands of Americans who may lose their jobs due to the Obama administration's new anti-carbon regulations as "collateral damage" in the fight against global warming.
The offensive comments were issued by William S. Becker, the head of the Climate Action Project, a well-funded environmental group.
He said that the pain and suffering to the estimated 200,000 families put out of work is an "evolutionary step in technology and the economy" and a move toward "economic progress."
The "let them eat cake" attitude may strike readers as unbelievably offensive and cavalier. Imagine the outcry if a Republican referred to middle class job losers as acceptable "collateral damage." The story would be on the front page of every newspaper in the country and if Mr. Becker were the head of an industry group he would almost surely be facing intense pressure to resign.
One study by the U.S. Chamber of Commerce finds that the new EPA regulations will destroy 200,000 mostly blue collar energy jobs, reduce the U.S. GDP by about $50 billion a year and cost families thousands of dollars over the next decade in higher energy costs.
“Green” job creation, almost always supported by massive government subsidies, does not further economic activity — it is actually harmful. Assigning massive amounts of capital, private or government, to a business or industry with a negative payback is a misallocation of resources, much like a car company spending hundreds of millions on a vehicle that either fails to sell, or sells at less than it costs to produce.
The wind turbine industry, as well as the current generation of solar cells, are prime examples of “new” industries created in the name of “sustainability.” With massive infusions of taxpayer capital, accompanied by mandates that energy companies have to use a certain percentage of the output “or else,” new “green” workers are hired. .......
The Green Jobs Scam