Green blob [credit: storybird.com]
Unsurprisingly the author is not impressed with the UK government’s plans for a post-COVID job creation scheme. Where’s the wealth creation in subsidised jobs within subsidised industries?
The Chancellor has found an ingenious scheme to ensure the UK never recovers from the lockdown: a ‘green industrial revolution’, says James Delingpole @ Breitbart News.
According to The Times of London:
Rishi Sunak is planning a ‘green industrial revolution’ to help to create jobs for people who are made redundant because of the pandemic.
The chancellor is preparing to bolster the government’s investment in clean energy as part of an economic stimulus package next month. There could also be a fund to help to ‘reskill’ workers so they can get green jobs in areas such as insulation upgrades, offshore wind and carbon capture.
The measures are understood to go significantly beyond the Conservatives’ manifesto commitment to create two million jobs in clean energy within the next decade. The Tories have promised to cut greenhouse gas emissions to ‘net zero’ by 2050.
A green industrial revolution is a bit like the original industrial revolution, except for one or two crucial differences: instead of boosting prosperity, creating jobs and stimulating economic growth, it does the exact opposite.
Continued here.
via Tallbloke’s Talkshop
June 5, 2020 at 12:03PM
Iowa Climate Science Education 