Unfortunately, it is highly questionable whether a government campaign to spur “green jobs”
would have net economic benefits. Indeed, the distortionary impacts of government intrusion
into energy markets could prematurely force business to abandon current production
technologies for more expensive ones. Furthermore, there would likely be negative economic
consequences from forcing higher-cost alternative energy sources upon the economy. These
factors would likely increase consumer energy costs and the costs of a wide array of energy-
intensive goods, slow GDP growth and ironically may yield no net job gains. More likely, they
would result in net job losses.