Green vs. Red (tape)

I love it when liberals get caught in their own regulatory quagmire. 

“Investor’s Business Daily reportsthat a number of internal reports have shown that certain federal regulations, many of them championed by labor and environmental groups, are thwarting efforts at the state level to create these “clean tech” jobs. (Ironically, these groups are some of the biggest supporters of Obama’s green agenda.)

In 2009, Obama dedicated $7.2 billion of stimulus funds to build “clean tech” jobs. He vowed to create 5 million jobs over the next decade.

So far, that effort has “created or retained” just 7,140 jobs, according to the Environmental Protection Agency. That’s about $1 million per job. The number is actually down from last year, when the EPA claimed 16,605 green jobs.

Audit reports by the Energy Department’s Inspector General Office offer some clues as to why: Trying to comply with federal regulations such as the Davis-Bacon Act, the National Environmental Policy Act and the Buy American Act has stalled many projects.”

Read the full story, here.

I know it comes from a Pyrrhic victory of sorts, so I shouldn’t be too happy.  But I’ll take what joy I can.

This entry was posted in Big government, Economy, Environment and tagged , . Bookmark the permalink.

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