Germany’s Green Jobs Miracle Collapses

Renewable energy was supposed to create tens of thousands of green jobs. Yet despite three-digit Euro billions of subsidies, the number of jobs is falling rapidly. Seven out of ten jobs will only remain as long as the subsidies keep flowing.—Daniel Wetzel, Die Welt, 26 May 2014

“A few years ago the renewable sector was the job miracle in Germany, now nothing is left of all of that,” said the deputy leader of the Greens in the Bundestag, Oliver Krischer.—Daniel Wetzel, Die Welt, 26 May 2014

The same green subsidies have led to rising costs and job losses in many other areas, such as heavy industry and commerce as well as conventional power plants.

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