Sep 29, 2012

The Cost of Wind-Energy Jobs...$329,000 per job?

The Cost of Wind-Energy Jobs: The “our industry creates jobs” argument is the last refuge of a subsidy seeker. The American Wind Energy Association (AWEA) has repeatedly claimed that if the PTC isn’t extended, 37,000 wind-related jobs will be lost. Now consider the figures from the Joint Committee on Taxation, the non-partisan congressional entity established in 1926 that assists legislators on tax-related matters. Their number crunchers put the cost of extending the PTC at $12.18 billion from 2013 to 2022. Divide that figure by the 37,000 jobs claimed by AWEA, and you get $329,000 per job.