“One justification put up by the wind industry for the social and economic chaos caused by spiralling power costs was the claim that investment in wind power would create a “new” economy with millions of groovy “green” jobs.

True it was that Germany saw an increase in renewables related employment – the bulk of it in the development and manufacture of solar panels – but all of it was built on a raft of taxpayer and power consumer subsidies: it was – therefore – unsustainable.

Any job that relies on a subsidy results in a loss of employment elsewhere in the economy. In Germany, the subsidies for “green” jobs are paid for in rocketing power prices, which impacts on the profitability and competitiveness of all businesses and industries.” – STT August 2014

THE writings been on the wall for sometime now. Green central planning like economic planning of failed socialist regimes gone by is doomed for failure. Market distorting policies to pick winners only works until the money runs out. And err..the (public’s) money ran out a while back.