I’m short on time today, so this post will be a bit brief.
Germany’s Energiewende and renewable feed-in act are often touted as huge, jobs-creating success stories. But as the prices for electricity skyrocket into the stratosphere and renewable energy companies bite the dust all over Europe, it’s turning out that the green jobs wonder is nothing short of a fraud.
Germany’s Wirtschaftswoche (Business Week) here writes that Professor Fritz Vahrenholt calls the green jobs machine a “labeling fraud”. The bottle doesn’t contain anything what the label says.
Fritz Vahrenholt, former CEO of German power company RWE renewable energy arm, contests the claims made by green industry lobbyists that green energies are a jobs machine. Vahrenholt tells Wirtschaftswoche:
With green jobs, what we have here is labeling fraud.”
Vahrenholt calls the claimed jobs number a product of “naïve calculations”. And according to the statistics office of the German federal government, only 4719 workers remain employed in the production of solar cells and modules.
Yet according to the Bundesverband Solarwirtschaft – BSW – (Federal Association for Solar Business), the number for the entire industry is “around 60,000”.
But this number is wildly exaggerated says other experts and Vahrenholt. Even according to the Centre for Solar Marketing in Berlin says:
Even when you use the very broad definition of the BSW, you can only come up with a maximum of 35,000 employees in the solar industry.”
Anyone looking at a list of solar bankruptcies taking place over the last two years can see that the solar industry is an economic catastrophe.