Mr Lean again

Green investments are also normally more job-intensive than traditional ones. Already more than 2.3 million people worldwide make a livelihood from renewable energy, and recycling each ton of waste employs 10 times as many people as the number required to incinerate or landfill it.

Yes Geoffrey, that\’s why they\’re bad ideas, not good ones.

Jobs are a cost, not a benefit.

Worldwide, more is now invested in generating power from renewables than from coal and gas: £55 billion of new money was invested in solar cells last year.

Err, maybe, but don\’t you see the problem here? If we\’re investing more in solar than oil and gas, yet solar provides 0.1%, 0.5% or whatever, while oil and gas provide 50% or whatever, of our energy, then solar is an entirely crappy way of deploying our available capital to get the energy we desire?

3 comments on “Mr Lean again

  1. Worldwide, more is now invested in generating power from renewables than from coal and gas…

    I bet this only true if you discount the costs of producing the gas. Most LNG goes into power generation, and there is no chance at all that investment in renewables is greater than that into LNG and other gas production methods.

  2. “Green investments are also normally more job-intensive than traditional ones.”

    I think a new easy to understand metaphor is needed for idiots like this.

    Fossil fuels – A farmer has a diesel tractor, he plows his field himself.

    Green energy – A farmer has a tractor, he plows his field himself. The government say he can’t use his diesel tractor anymore, they take it off him and tax everyone to pay for two new electric tractors built in Denmark. Then they tax everyone some more to pay for another person to come and drive the other tractor.

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