(March 1, 2011) Energy Probe executive director Lawrence Solomon on how Ontario’s green jobs plan could kill 185,000 jobs.
The Ontario government has one of the world’s most aggressive green job-creating programs, with plans underway to create 50,000 new green jobs in the province. Based on the latest evidence from another aggressive green-job creating jurisdiction – the United Kingdom, where every green job created leads to the loss of 3.7 jobs elsewhere in the economy — if Ontario meets its green job target, a potential 185,000 jobs could be lost. Green jobs thus threaten to be a potential major driver of provincial unemployment.
The UK findings, produced by Verso Economics, a consultancy with UK governments as clients, follows studies of Spain, Denmark, Germany and the EU that also point to negative job creation from renewables projects. The chief driver of UK unemployment, Verso found, is the job loss caused by high electricity prices. Like the UK, the Ontario economy faces rapidly escalating power rates due to uneconomic green technologies.
Ontario’s unemployment rate is currently 8.1%. The addition of 50,000 green jobs, and loss of 185,000 jobs, would boost the provincial unemployment rate to 10%.
The Verso study’s executive summary can be found here.