$40 Million to Create 3 “Green” Jobs: If a green energy company is given $40 million by the government to create jobs, and a total of three jobs are created, 2008 to the present, what should the government do about this?
The Department of Energy knows: provide another $80 million. Department of Energy officials have made available this money for a New Hampshire company. The company has a Michigan-based project in mind.
The state of Michigan put $20 million into the project in 2008. Now it wants help. The Department of Energy is ready to help. Why not? It also put $20 million into the same project.
The company had promised to create 70 jobs for this $40 million subsidy. What a deal! But it failed to deliver.
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