Beacon Hill Institute: Green Jobs Won’t Benefit The Economy

A new study from The Beacon Hill Institute (BHI) at Suffolk University finds that recent studies claiming economic benefits to government imposed “green jobs” were flawed, and that such a program will actually hurt the economy, not help it.

Recent studies forecasting the potential economic benefits of government green job programs are critically flawed and erroneously promote these jobs as a benefit, according to a report released today by The Beacon Hill Institute (BHI) at Suffolk University.

The economic analysis reviewed the primary claims of three of the most influential green jobs studies and found serious economic flaws in each.

“Contrary to the claims made in these studies, we found that the green job initiatives reviewed in each actually causes greater harm than good to the American economy and will cause growth to slow,” reported Paul Bachman, Director of Research at the Beacon Hill Institute, one of the report’s authors.

Similar “green jobs” programs in other countries also support claims that these programs result in more harm than good.

You can read the full text of the study here (PDF).

Matt Margolis is co-author (with Mark Noonan) of Caucus of Corruption: The Truth About The New Democratic Majority. He also blogs at The Buffalo Bean. Follow Matt on Twitter.

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